Dynatronics (NASDAQ:DYNT) Earns Hold Rating from Analysts at StockNews.com

StockNews.com began coverage on shares of Dynatronics (NASDAQ:DYNT) in a report released on Wednesday morning. The firm issued a hold rating on the medical equipment provider’s stock.

Dynatronics Stock Down 27.1 %

DYNT stock opened at $0.11 on Wednesday. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.35 and a quick ratio of 0.60. The stock has a market capitalization of $780,450.00, a price-to-earnings ratio of -0.11 and a beta of 0.16. The business’s fifty day moving average price is $0.13 and its two-hundred day moving average price is $0.21. Dynatronics has a fifty-two week low of $0.08 and a fifty-two week high of $0.73.

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

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.