Dynatronics (NASDAQ:DYNT) Coverage Initiated at StockNews.com

Equities researchers at StockNews.com began coverage on shares of Dynatronics (NASDAQ:DYNTGet Rating) in a report released on Wednesday. The firm set a “hold” rating on the medical equipment provider’s stock.

Dynatronics Price Performance

Dynatronics stock opened at $0.83 on Wednesday. Dynatronics has a 12-month low of $0.73 and a 12-month high of $4.30. The stock has a market capitalization of $3.35 million, a P/E ratio of -0.62 and a beta of 0.33. The firm’s 50-day moving average is $1.38 and its two-hundred day moving average is $1.88. The company has a debt-to-equity ratio of 0.16, a current ratio of 1.83 and a quick ratio of 0.70.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Dynatronics stock. Albion Financial Group UT acquired a new position in shares of Dynatronics Co. (NASDAQ:DYNTGet Rating) during the 1st quarter, according to its most recent filing with the SEC. The institutional investor acquired 18,000 shares of the medical equipment provider’s stock, valued at approximately $26,000. Albion Financial Group UT owned 0.45% of Dynatronics at the end of the most recent reporting period. Institutional investors and hedge funds own 6.91% of the company’s stock.

Dynatronics Company Profile

(Get Rating)

Dynatronics Corp. engages in the design, manufacture, and market of restorative products for physical therapy, rehabilitation, orthopedics, pain management, and athletic training. Its products include Therapeutic Modalities, Supplies, Traction Equipment, and Tables and Equipment. The company was founded by Kelvyn H.

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