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

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

Dynatronics Stock Performance

DYNT opened at $0.12 on Tuesday. The firm has a market capitalization of $873,378.00, a PE ratio of -0.13 and a beta of 0.17. Dynatronics has a twelve month low of $0.09 and a twelve month high of $0.73. The firm’s 50-day moving average price is $0.13 and its 200 day moving average price is $0.21. The company has a current ratio of 1.35, a quick ratio of 0.60 and a debt-to-equity ratio of 0.23.

Dynatronics (NASDAQ:DYNT) last posted its quarterly earnings results on Tuesday, September 24th. The medical equipment provider reported ($0.43) earnings per share for the quarter. The business had revenue of $7.37 million for the quarter. Dynatronics had a negative return on equity of 41.41% and a negative net margin of 8.88%.

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.