Dynatronics (NASDAQ:DYNT) Receives New Coverage from Analysts at StockNews.com

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

Dynatronics Stock Up 6.4 %

Shares of DYNT stock opened at $0.59 on Tuesday. The stock has a 50 day moving average of $0.46 and a 200 day moving average of $0.53. The company has a current ratio of 1.41, a quick ratio of 0.67 and a debt-to-equity ratio of 0.21. The stock has a market cap of $2.86 million, a P/E ratio of -0.42 and a beta of 0.45. Dynatronics has a twelve month low of $0.37 and a twelve month high of $1.62.

Dynatronics (NASDAQ:DYNT) last issued its quarterly earnings data on Wednesday, February 7th. The medical equipment provider reported ($0.27) EPS for the quarter. Dynatronics had a negative net margin of 14.13% and a negative return on equity of 54.88%. The business had revenue of $8.15 million during the quarter.

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.