Dynatronics (NASDAQ:DYNT) Earns Hold Rating from Analysts at StockNews.com

Equities research analysts at StockNews.com initiated coverage on shares of Dynatronics (NASDAQ:DYNT) in a research report issued on Thursday. The brokerage set a “hold” rating on the medical equipment provider’s stock.

Dynatronics Stock Performance

Dynatronics stock opened at $0.14 on Thursday. The stock’s 50 day moving average is $0.13 and its 200 day moving average is $0.20. The company has a market capitalization of $997,700.00, a P/E ratio of -0.14 and a beta of 0.16. Dynatronics has a twelve month low of $0.08 and a twelve month high of $0.73. The company has a quick ratio of 0.60, a current ratio of 1.35 and a debt-to-equity ratio of 0.23.

Dynatronics (NASDAQ:DYNT) last announced its quarterly earnings results on Tuesday, September 24th. The medical equipment provider reported ($0.43) earnings per share (EPS) for the quarter. Dynatronics had a negative net margin of 8.88% and a negative return on equity of 41.41%. The business had revenue of $7.37 million for the quarter.

Dynatronics Company Profile

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.