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

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

Dynatronics Price Performance

Dynatronics stock opened at $0.13 on Tuesday. The firm has a market cap of $711,431.24, a PE ratio of -0.11 and a beta of 0.20. The company has a debt-to-equity ratio of 0.22, a quick ratio of 0.68 and a current ratio of 1.40. The firm’s 50 day moving average price is $0.18 and its two-hundred day moving average price is $0.31. Dynatronics has a twelve month low of $0.11 and a twelve month high of $0.75.

Dynatronics (NASDAQ:DYNT) last released its quarterly earnings data on Tuesday, September 24th. The medical equipment provider reported ($0.43) earnings per share for the quarter. The company had revenue of $7.37 million during the quarter. Dynatronics had a negative net margin of 13.07% and a negative return on equity of 55.14%.

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.