Dynatronics (NASDAQ:DYNT) Stock Crosses Below 200-Day Moving Average – Should You Sell?

Dynatronics Co. (NASDAQ:DYNT)’s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.07 and traded as low as $0.0455. Dynatronics shares last traded at $0.0455, with a volume of 27,122 shares.

Dynatronics Stock Down 7.7%

The stock’s fifty day moving average price is $0.05 and its 200-day moving average price is $0.07. The company has a quick ratio of 0.60, a current ratio of 1.21 and a debt-to-equity ratio of 0.25. The company has a market capitalization of $730,229.50, a price-to-earnings ratio of -0.06 and a beta of 0.35.

About Dynatronics

Dynatronics Corporation is a medical device company specializing in the design, manufacture and distribution of therapeutic products for the physical therapy, rehabilitation, sports medicine and chiropractic markets. The company’s product portfolio includes electrotherapy systems, ultrasound and combination therapy units, neuromuscular electrical stimulators, cryotherapy machines and a range of accessories such as electrodes, conductive gels and carrier systems. Dynatronics also produces a line of treatment accessories and rehabilitative supports, including braces, mobility aids and exercise equipment, aimed at enhancing patient outcomes and clinician efficiency.

In addition to its core product offerings, Dynatronics provides complementary services such as equipment leasing programs, device servicing and clinical training for healthcare professionals.