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

StockNews.com initiated coverage on shares of Dynatronics (NASDAQ:DYNT) in a research note issued on Wednesday. The firm set a “hold” rating on the medical equipment provider’s stock.

Dynatronics Stock Performance

Shares of DYNT stock opened at $0.54 on Wednesday. The stock has a market cap of $2.63 million, a price-to-earnings ratio of -0.39 and a beta of 0.45. The company has a quick ratio of 0.67, a current ratio of 1.41 and a debt-to-equity ratio of 0.21. Dynatronics has a fifty-two week low of $0.37 and a fifty-two week high of $1.62. The firm’s 50 day moving average price is $0.47 and its two-hundred day moving average price is $0.53.

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

Dynatronics Company Profile

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.