Zacks Investment Research downgraded shares of Dynatronics Co. (NASDAQ:DYNT) from a hold rating to a sell rating in a research note released on Tuesday.

According to Zacks, “DYNATRONICS CORP. is involved in the design, manufacture and sale of medical devices for therapeutic use by medical practitioners. “

Shares of Dynatronics (NASDAQ:DYNT) traded up 0.0000% on Tuesday, reaching $3.0675. The company’s stock had a trading volume of 33 shares. Dynatronics has a 1-year low of $2.29 and a 1-year high of $3.45. The stock’s market capitalization is $9.31 million. The stock has a 50-day moving average of $3.00 and a 200 day moving average of $2.74.

Dynatronics (NASDAQ:DYNT) last posted its quarterly earnings data on Thursday, May 18th. The medical equipment provider reported ($0.28) EPS for the quarter, missing analysts’ consensus estimates of ($0.20) by $0.08. Dynatronics had a negative return on equity of 87.42% and a negative net margin of 6.37%. The firm had revenue of $7.72 million during the quarter. On average, equities analysts forecast that Dynatronics will post ($0.85) EPS for the current year.

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About Dynatronics

Dynatronics Corporation is a manufacturer and distributor of physical medicine products. The Company’s products include a line of medical equipment for physical medicine applications, including therapy devices, medical supplies and soft goods, treatment tables and rehabilitation equipment. Its products are used by physical therapists, chiropractors, sports medicine practitioners, podiatrists, physicians and other physical medicine professionals.

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