Dynatronics (NASDAQ:DYNT) Now Covered by Analysts at StockNews.com

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

Dynatronics Stock Performance

Shares of NASDAQ:DYNT opened at $0.14 on Thursday. Dynatronics has a 52 week low of $0.08 and a 52 week high of $0.73. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.60 and a current ratio of 1.35. The firm has a 50 day simple moving average of $0.13 and a 200 day simple moving average of $0.20.

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

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.