Dynatronics (NASDAQ:DYNT) Research Coverage Started at StockNews.com

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

Dynatronics Trading Down 13.4 %

Shares of Dynatronics stock opened at $0.10 on Thursday. The company has a current ratio of 1.37, a quick ratio of 0.64 and a debt-to-equity ratio of 0.23. Dynatronics has a twelve month low of $0.10 and a twelve month high of $0.73. The firm has a market capitalization of $536,108.00, a PE ratio of -0.08 and a beta of 0.19. The firm’s 50-day moving average price is $0.15 and its 200 day moving average price is $0.29.

Dynatronics (NASDAQ:DYNT) last released its earnings results on Tuesday, September 24th. The medical equipment provider reported ($0.43) earnings per share for the quarter. Dynatronics had a negative net margin of 8.29% and a negative return on equity of 37.01%. The firm had revenue of $7.37 million during 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.