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

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

Dynatronics Price Performance

Shares of DYNT opened at $0.14 on Friday. The stock has a market cap of $994,072.00, a P/E ratio of -0.14 and a beta of 0.17. The business’s fifty day moving average is $0.14 and its 200 day moving average is $0.26. Dynatronics has a 12-month low of $0.10 and a 12-month high of $0.73. 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:DYNT) last issued its quarterly earnings data on Tuesday, September 24th. The medical equipment provider reported ($0.43) EPS for the quarter. Dynatronics had a negative return on equity of 37.01% and a negative net margin of 8.29%. The company had revenue of $7.37 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.