StockNews.com Initiates Coverage on Dynatronics (NASDAQ:DYNT)

Equities research analysts at StockNews.com assumed coverage on shares of Dynatronics (NASDAQ:DYNTGet Free Report) in a research note issued on Saturday. The brokerage set a “hold” rating on the medical equipment provider’s stock.

Dynatronics Stock Down 2.1 %

Shares of Dynatronics stock opened at $0.14 on Friday. The business has a 50-day moving average price of $0.14 and a 200 day moving average price of $0.26. Dynatronics has a fifty-two week low of $0.10 and a fifty-two week high of $0.73. The firm has a market cap of $994,620.00, a P/E ratio of -0.14 and a beta of 0.17. The company has a quick ratio of 0.64, a current ratio of 1.37 and a debt-to-equity ratio of 0.23.

Dynatronics (NASDAQ:DYNTGet Free Report) last released its quarterly earnings data on Tuesday, September 24th. The medical equipment provider reported ($0.43) EPS for the quarter. The business had revenue of $7.37 million during the quarter. Dynatronics had a negative return on equity of 37.01% and a negative net margin of 8.29%.

About Dynatronics

(Get Free Report)

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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