Dynatronics (NASDAQ:DYNT) Share Price Passes Below Two Hundred Day Moving Average of $1.14

Dynatronics Co. (NASDAQ:DYNTGet Free Report) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $1.14 and traded as low as $0.75. Dynatronics shares last traded at $0.76, with a volume of 1,300 shares changing hands.

Analyst Ratings Changes

Separately, StockNews.com assumed coverage on Dynatronics in a research report on Tuesday. They set a “hold” rating for the company.

Check Out Our Latest Research Report on DYNT

Dynatronics Trading Down 0.8 %

The stock has a 50 day moving average of $0.77 and a 200 day moving average of $1.13. The company has a quick ratio of 0.70, a current ratio of 1.83 and a debt-to-equity ratio of 0.16.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Dynatronics stock. Albion Financial Group UT bought a new stake in Dynatronics Co. (NASDAQ:DYNTFree Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 18,000 shares of the medical equipment provider’s stock, valued at approximately $26,000. Albion Financial Group UT owned 0.45% of Dynatronics as of its most recent SEC filing. 4.88% of the stock is currently owned by hedge funds and other institutional investors.

About Dynatronics

(Get Free Report)

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; and therapeutic modality devices comprising electrotherapy, ultrasound, phototherapy, traction, hot and cold therapy, and electrodes.

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