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

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

Dynatronics Stock Performance

Shares of DYNT stock opened at $0.53 on Tuesday. The firm has a market cap of $2.60 million, a price-to-earnings ratio of -0.39 and a beta of 0.45. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.67 and a current ratio of 1.41. Dynatronics has a 52 week low of $0.37 and a 52 week high of $1.62. The firm’s 50-day simple moving average is $0.46 and its two-hundred day simple moving average is $0.53.

Dynatronics (NASDAQ:DYNT) last announced its quarterly earnings data on Wednesday, February 7th. The medical equipment provider reported ($0.27) EPS for the quarter. The company had revenue of $8.15 million during the quarter. Dynatronics had a negative return on equity of 54.88% and a negative net margin of 14.13%.

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.