StockNews.com Begins Coverage on Dynatronics (NASDAQ:DYNT)

StockNews.com assumed coverage on shares of Dynatronics (NASDAQ:DYNT) in a report issued on Wednesday morning. The firm issued a hold rating on the medical equipment provider’s stock.

Dynatronics Stock Performance

NASDAQ:DYNT opened at $0.13 on Wednesday. The company has a market cap of $690,040.00, a PE ratio of -0.11 and a beta of 0.19. The business’s 50 day moving average is $0.16 and its two-hundred day moving average is $0.30. The company has a quick ratio of 0.64, a current ratio of 1.37 and a debt-to-equity ratio of 0.23. Dynatronics has a 52 week low of $0.11 and a 52 week high of $0.73.

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

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.