Dynatronics (NASDAQ:DYNT) Receives New Coverage from Analysts at StockNews.com

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

Dynatronics Price Performance

DYNT opened at $0.10 on Thursday. The business’s 50-day moving average is $0.15 and its two-hundred day moving average is $0.29. Dynatronics has a 1 year low of $0.10 and a 1 year high of $0.73. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.37 and a quick ratio of 0.64. The firm has a market capitalization of $536,108.00, a PE ratio of -0.08 and a beta of 0.19.

Dynatronics (NASDAQ:DYNT) last posted its earnings results on Tuesday, September 24th. The medical equipment provider reported ($0.43) earnings per share (EPS) for the quarter. Dynatronics had a negative net margin of 8.29% and a negative return on equity of 37.01%. The company had revenue of $7.37 million during the quarter.

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.