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

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

Dynatronics Stock Up 2.3 %

DYNT stock opened at $0.49 on Friday. The stock has a market capitalization of $2.39 million, a P/E ratio of -0.36 and a beta of 0.41. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.41 and a quick ratio of 0.67. Dynatronics has a 1-year low of $0.37 and a 1-year high of $1.44. The business has a fifty day moving average price of $0.47 and a 200-day moving average price of $0.52.

Dynatronics (NASDAQ:DYNT) last released its quarterly earnings data on Wednesday, February 7th. The medical equipment provider reported ($0.27) EPS for the quarter. The business had revenue of $8.15 million during 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.