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

Stock analysts at StockNews.com began coverage on shares of Dynatronics (NASDAQ:DYNT) in a report released on Thursday. The brokerage set a “hold” rating on the medical equipment provider’s stock.

Dynatronics Trading Down 0.1 %

NASDAQ:DYNT opened at $0.14 on Thursday. The company’s 50-day simple moving average is $0.14 and its 200 day simple moving average is $0.15. The firm has a market capitalization of $1.23 million, a P/E ratio of -0.15 and a beta of 0.16. Dynatronics has a one year low of $0.08 and a one year high of $0.65. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.35 and a quick ratio of 0.60.

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.