Dynatronics (NASDAQ:DYNT) Research Coverage Started at StockNews.com

StockNews.com began coverage on shares of Dynatronics (NASDAQ:DYNT) in a research report sent to investors on Thursday. The brokerage issued a hold rating on the medical equipment provider’s stock.

Dynatronics Trading Down 8.0 %

Shares of DYNT stock opened at $0.45 on Thursday. The business has a 50-day moving average price of $0.47 and a two-hundred day moving average price of $0.52. Dynatronics has a 12-month low of $0.37 and a 12-month high of $1.44. The company has a quick ratio of 0.67, a current ratio of 1.41 and a debt-to-equity ratio of 0.21. The firm has a market cap of $2.20 million, a P/E ratio of -0.33 and a beta of 0.41.

Dynatronics (NASDAQ:DYNT) last released its earnings results on Wednesday, February 7th. The medical equipment provider reported ($0.27) earnings per share for the quarter. Dynatronics had a negative return on equity of 54.88% and a negative net margin of 14.13%. The firm had revenue of $8.15 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.