Dynatronics Co. (NASDAQ:DYNT – Get Free Report)’s stock price crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $0.32 and traded as low as $0.11. Dynatronics shares last traded at $0.12, with a volume of 25,979 shares.
Wall Street Analysts Forecast Growth
Separately, StockNews.com began coverage on Dynatronics in a report on Tuesday. They issued a “hold” rating for the company.
Get Our Latest Report on Dynatronics
Dynatronics Stock Down 25.7 %
Dynatronics (NASDAQ:DYNT – Get Free Report) last released its quarterly earnings results on Tuesday, September 24th. The medical equipment provider reported ($0.43) earnings per share for the quarter. Dynatronics had a negative return on equity of 55.14% and a negative net margin of 13.07%. The firm had revenue of $7.37 million during the quarter.
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.
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