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

StockNews.com started coverage on shares of Dynatronics (NASDAQ:DYNT) in a research note released on Thursday morning. The firm issued a hold rating on the medical equipment provider’s stock.

Dynatronics Trading Down 8.0 %

Shares of DYNT stock opened at $0.45 on Thursday. Dynatronics has a twelve month low of $0.37 and a twelve month high of $1.44. The stock’s fifty day simple moving average is $0.47 and its 200 day simple moving average is $0.52. The company has a quick ratio of 0.67, a current ratio of 1.41 and a debt-to-equity ratio of 0.21. The firm has a market capitalization of $2.20 million, a P/E ratio of -0.33 and a beta of 0.41.

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

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.