Dynatronics (NASDAQ:DYNT) Earns Hold Rating from Analysts at StockNews.com

StockNews.com assumed coverage on shares of Dynatronics (NASDAQ:DYNT) in a research note released on Thursday. The brokerage issued a hold rating on the medical equipment provider’s stock.

Dynatronics Stock Down 21.0 %

DYNT stock opened at $0.27 on Thursday. Dynatronics has a fifty-two week low of $0.25 and a fifty-two week high of $0.91. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.40 and a quick ratio of 0.68. The stock has a market capitalization of $1.41 million, a price-to-earnings ratio of -0.22 and a beta of 0.32. The business’s fifty day moving average price is $0.42 and its two-hundred day moving average price is $0.48.

Dynatronics (NASDAQ:DYNT) last released its quarterly earnings results on Thursday, May 9th. The medical equipment provider reported ($0.17) EPS for the quarter. The business had revenue of $7.66 million for the quarter. Dynatronics had a negative return on equity of 55.14% and a negative net margin of 13.07%.

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.