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

Investment analysts at StockNews.com began coverage on shares of Dynatronics (NASDAQ:DYNT) in a research note issued to investors on Tuesday. The brokerage set a “hold” rating on the medical equipment provider’s stock.

Dynatronics Stock Up 30.4 %

DYNT stock opened at $0.13 on Tuesday. The firm’s fifty day simple moving average is $0.13 and its 200-day simple moving average is $0.13. The company has a market capitalization of $1.17 million, a P/E ratio of -0.16 and a beta of 0.80. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.21 and a quick ratio of 0.60. Dynatronics has a 12 month low of $0.08 and a 12 month high of $0.65.

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.