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

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

Dynatronics Trading Down 1.2 %

Shares of NASDAQ:DYNT opened at $0.51 on Thursday. Dynatronics has a 1 year low of $0.37 and a 1 year high of $1.44. The firm has a market capitalization of $2.47 million, a price-to-earnings ratio of -0.37 and a beta of 0.45. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.41 and a quick ratio of 0.67. The business’s 50 day moving average price is $0.47 and its 200-day moving average price is $0.52.

Dynatronics (NASDAQ:DYNT) last announced its earnings results on Wednesday, February 7th. The medical equipment provider reported ($0.27) earnings per share (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 for 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.