Dynatronics (NASDAQ:DYNT) Receives New Coverage from Analysts at StockNews.com

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

Dynatronics Trading Down 5.1 %

NASDAQ DYNT opened at $0.37 on Tuesday. The firm’s 50-day moving average is $0.47 and its two-hundred day moving average is $0.54. Dynatronics has a 12 month low of $0.37 and a 12 month high of $1.62. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.41 and a quick ratio of 0.67. The stock has a market capitalization of $1.81 million, a P/E ratio of -0.27 and a beta of 0.45.

Dynatronics (NASDAQ:DYNT) last issued its quarterly earnings results on Wednesday, February 7th. The medical equipment provider reported ($0.27) earnings per share (EPS) for the quarter. The business had revenue of $8.15 million for 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.