Dynatronics (NASDAQ:DYNT) Coverage Initiated at StockNews.com

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

Dynatronics Price Performance

Dynatronics stock opened at $0.15 on Friday. The business has a 50 day simple moving average of $0.14 and a 200 day simple moving average of $0.25. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.37 and a quick ratio of 0.64. The company has a market capitalization of $1.08 million, a PE ratio of -0.14 and a beta of 0.17. Dynatronics has a one year low of $0.09 and a one year high of $0.73.

Dynatronics (NASDAQ:DYNT) last issued its quarterly earnings data on Tuesday, September 24th. The medical equipment provider reported ($0.43) earnings per share (EPS) for the quarter. Dynatronics had a negative net margin of 8.29% and a negative return on equity of 37.01%. The company had revenue of $7.37 million for 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.