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

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

Dynatronics Price Performance

NASDAQ:DYNT opened at $0.10 on Thursday. The firm has a market capitalization of $536,108.00, a price-to-earnings ratio of -0.08 and a beta of 0.19. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.64 and a current ratio of 1.37. The stock has a fifty day moving average of $0.15 and a 200 day moving average of $0.29. Dynatronics has a 52-week low of $0.10 and a 52-week high of $0.73.

Dynatronics (NASDAQ:DYNT) last issued 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 for the quarter. Dynatronics had a negative return on equity of 37.01% and a negative net margin of 8.29%.

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.