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

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

Dynatronics Stock Down 21.0 %

NASDAQ:DYNT opened at $0.27 on Thursday. Dynatronics has a 1-year low of $0.25 and a 1-year high of $0.91. The company has a market capitalization of $1.41 million, a PE ratio of -0.22 and a beta of 0.32. The firm’s 50-day moving average price is $0.42 and its 200-day moving average price is $0.48. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.40 and a quick ratio of 0.68.

Dynatronics (NASDAQ:DYNT) last announced its quarterly earnings data on Thursday, May 9th. The medical equipment provider reported ($0.17) earnings per share for the quarter. Dynatronics had a negative return on equity of 55.14% and a negative net margin of 13.07%. The business had revenue of $7.66 million during 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.