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

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

Dynatronics Stock Performance

NASDAQ:DYNT opened at $0.13 on Wednesday. Dynatronics has a 12 month low of $0.11 and a 12 month high of $0.73. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.40 and a quick ratio of 0.68. The firm has a market capitalization of $669,179.56, a PE ratio of -0.11 and a beta of 0.19. The business’s fifty day moving average price is $0.16 and its 200 day moving average price is $0.30.

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