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

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

Dynatronics Trading Down 18.2 %

DYNT opened at $0.16 on Monday. The stock has a market capitalization of $914,500.00, a PE ratio of -0.13 and a beta of 0.20. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.40 and a quick ratio of 0.68. Dynatronics has a 12-month low of $0.14 and a 12-month high of $0.91. The firm’s fifty day moving average price is $0.18 and its 200 day moving average price is $0.32.

Dynatronics (NASDAQ:DYNT) last issued its earnings results on Tuesday, September 24th. The medical equipment provider reported ($0.43) earnings per share (EPS) for the quarter. The company had revenue of $7.37 million during the quarter. Dynatronics had a negative net margin of 13.07% and a negative return on equity of 55.14%.

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.