Dynatronics (NASDAQ:DYNT) Earns Hold Rating from Analysts at StockNews.com

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

Dynatronics Stock Performance

DYNT opened at $0.14 on Thursday. The stock has a market capitalization of $997,700.00, a price-to-earnings ratio of -0.14 and a beta of 0.16. Dynatronics has a fifty-two week low of $0.08 and a fifty-two week high of $0.73. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.60 and a current ratio of 1.35. The company has a fifty day moving average of $0.13 and a 200 day moving average of $0.19.

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

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.