Dynatronics (NASDAQ:DYNT) Coverage Initiated at StockNews.com

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

Dynatronics Stock Performance

Shares of NASDAQ DYNT opened at $0.13 on Tuesday. The company’s fifty day moving average price is $0.13 and its 200 day moving average price is $0.13. Dynatronics has a 1 year low of $0.08 and a 1 year high of $0.65. The company has a market capitalization of $1.17 million, a PE ratio of -0.16 and a beta of 0.80. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.60 and a current ratio of 1.21.

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.