Dynatronics (NASDAQ:DYNT) Receives New Coverage from Analysts at StockNews.com

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

Dynatronics Stock Up 9.4 %

Shares of Dynatronics stock opened at $0.59 on Wednesday. Dynatronics has a 1 year low of $0.37 and a 1 year high of $1.62. The stock has a 50-day moving average price of $0.47 and a 200 day moving average price of $0.53. The company has a current ratio of 1.41, a quick ratio of 0.67 and a debt-to-equity ratio of 0.21. The company has a market cap of $2.88 million, a P/E ratio of -0.43 and a beta of 0.45.

Dynatronics (NASDAQ:DYNT) last posted its quarterly earnings results on Wednesday, February 7th. The medical equipment provider reported ($0.27) earnings per share for the quarter. Dynatronics had a negative return on equity of 54.88% and a negative net margin of 14.13%. The firm had revenue of $8.15 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.