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

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

Dynatronics Stock Up 22.1 %

Dynatronics stock opened at $0.16 on Friday. The company has a market capitalization of $1.16 million, a P/E ratio of -0.17 and a beta of 0.13. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.60 and a current ratio of 1.35. Dynatronics has a fifty-two week low of $0.08 and a fifty-two week high of $0.73. The stock has a 50-day simple moving average of $0.13 and a 200-day simple moving average of $0.16.

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.