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

StockNews.com initiated coverage on shares of Dynatronics (NASDAQ:DYNT) in a research report issued to clients and investors on Sunday. The brokerage set a “hold” rating on the medical equipment provider’s stock.

Dynatronics Trading Up 22.1 %

Shares of DYNT stock opened at $0.16 on Friday. Dynatronics has a twelve month low of $0.08 and a twelve month high of $0.73. The company has a market capitalization of $1.16 million, a price-to-earnings ratio of -0.17 and a beta of 0.13. The firm has a 50-day moving average price of $0.13 and a 200 day moving average price of $0.16. The company has a current ratio of 1.35, a quick ratio of 0.60 and a debt-to-equity ratio of 0.23.

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.