Dynatronics (NASDAQ:DYNT) posted its earnings results on Wednesday. The medical equipment provider reported ($0.05) EPS for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.01, Fidelity Earnings reports. The firm had revenue of $15.51 million during the quarter, compared to analysts’ expectations of $14.96 million. Dynatronics had a negative net margin of 1.92% and a negative return on equity of 12.65%. Dynatronics updated its Q1 2020 guidance to EPS and its FY 2020 guidance to EPS.
DYNT stock opened at $1.00 on Friday. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.43 and a quick ratio of 0.60. Dynatronics has a 12 month low of $1.00 and a 12 month high of $2.99. The firm has a 50-day moving average price of $1.29 and a 200-day moving average price of $1.63.
A number of research analysts have recently commented on DYNT shares. ValuEngine raised shares of Dynatronics from a “hold” rating to a “buy” rating in a report on Thursday, August 1st. Aegis started coverage on shares of Dynatronics in a report on Wednesday, June 5th. They issued a “buy” rating for the company. Finally, Zacks Investment Research raised shares of Dynatronics from a “sell” rating to a “hold” rating in a report on Tuesday, July 16th. One analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $3.88.
Dynatronics Corporation designs, manufactures, markets, and distributes orthopedic soft goods, medical supplies, and physical therapy and rehabilitation equipment in the United States and internationally. It offers ankle and wrist braces, hot packs, cold packs, lumbar rolls, cervical collars, slings, cervical pillows, bolsters, positioning wedges, back cushions, lotions and gels, paper products, athletic tape, splints, elastic wraps, exercise weights, exercise bands and tubing, electrodes, and rehabilitation and back products.
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