Dynatronics (NASDAQ:DYNT) Now Covered by StockNews.com

StockNews.com initiated coverage on shares of Dynatronics (NASDAQ:DYNT) in a research note issued to investors on Wednesday. The firm set a “hold” rating on the medical equipment provider’s stock.

Dynatronics Price Performance

Shares of Dynatronics stock opened at $0.15 on Wednesday. Dynatronics has a 52 week low of $0.09 and a 52 week high of $0.73. The company has a current ratio of 1.35, a quick ratio of 0.60 and a debt-to-equity ratio of 0.23. The company’s 50-day moving average price is $0.13 and its two-hundred day moving average price is $0.21. The stock has a market cap of $1.07 million, a PE ratio of -0.15 and a beta of 0.16.

Dynatronics (NASDAQ:DYNT) last released its earnings results on Tuesday, September 24th. The medical equipment provider reported ($0.43) EPS for the quarter. The business had revenue of $7.37 million for the quarter. Dynatronics had a negative net margin of 8.88% and a negative return on equity of 41.41%.

Dynatronics Company Profile

Dynatronics Corporation, a medical device company, designs, manufactures, and sells physical therapy, rehabilitation, orthopedics, pain management, and athletic training products in the United States. The company offers orthopedic soft bracing products include cervical collars, shoulder immobilizers, arm slings, wrist and elbow supports, abdominal and lumbosacral supports, maternity supports, knee immobilizers and supports, ankle walkers and supports, plantar fasciitis splints, and cold therapy products.