Dynatronics (NASDAQ:DYNT) Now Covered by StockNews.com

Research analysts at StockNews.com started coverage on shares of Dynatronics (NASDAQ:DYNT) in a note issued to investors on Sunday. The brokerage set a “hold” rating on the medical equipment provider’s stock.

Dynatronics Trading Down 10.1 %

Shares of NASDAQ:DYNT opened at $0.13 on Friday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.64 and a current ratio of 1.37. The stock’s 50-day moving average is $0.14 and its 200-day moving average is $0.25. Dynatronics has a 52-week low of $0.09 and a 52-week high of $0.73. The company has a market cap of $979,374.00, a P/E ratio of -0.14 and a beta of 0.17.

Dynatronics (NASDAQ:DYNT) last released its earnings results on Tuesday, September 24th. The medical equipment provider reported ($0.43) earnings per share for the quarter. The company had revenue of $7.37 million during the quarter. Dynatronics had a negative net margin of 8.29% and a negative return on equity of 37.01%.

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.