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

StockNews.com started coverage on shares of Dynatronics (NASDAQ:DYNT) in a research note published on Tuesday. The brokerage issued a hold rating on the medical equipment provider’s stock.

Dynatronics Price Performance

Shares of DYNT stock opened at $0.14 on Tuesday. The firm has a fifty day simple moving average of $0.17 and a 200-day simple moving average of $0.31. The company has a market capitalization of $716,978.10, a PE ratio of -0.11 and a beta of 0.19. Dynatronics has a twelve month low of $0.11 and a twelve month high of $0.75. The company has a current ratio of 1.40, a quick ratio of 0.68 and a debt-to-equity ratio of 0.22.

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

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.