Dynatronics (NASDAQ:DYNT) Stock Price Crosses Below 200-Day Moving Average – Here’s Why

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 trading hands.

Dynatronics Trading Down 7.7%

The company has a current ratio of 1.21, a quick ratio of 0.60 and a debt-to-equity ratio of 0.25. The company has a market cap of $730,229.50, a PE ratio of -0.06 and a beta of 0.35. The company has a fifty day simple moving average of $0.05 and a two-hundred day simple moving average of $0.07.

Dynatronics Company Profile

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.