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

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

Dynatronics Trading Up 9.4 %

Shares of DYNT stock opened at $0.13 on Friday. The stock has a market capitalization of $961,420.00, a price-to-earnings ratio of -0.14 and a beta of 0.16. The company’s fifty day simple moving average is $0.13 and its two-hundred day simple moving average is $0.19. Dynatronics has a 1 year low of $0.08 and a 1 year high of $0.73. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.35 and a quick ratio of 0.60.

Dynatronics (NASDAQ:DYNT) last released its quarterly earnings data on Tuesday, September 24th. The medical equipment provider reported ($0.43) earnings per share (EPS) for the quarter. The company 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%.

About Dynatronics

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.