StockNews.com Initiates Coverage on Dynatronics (NASDAQ:DYNT)

StockNews.com started coverage on shares of Dynatronics (NASDAQ:DYNT) in a report issued on Monday. The firm set a “hold” rating on the medical equipment provider’s stock.

Dynatronics Price Performance

Shares of NASDAQ DYNT opened at $0.40 on Monday. The company has a market cap of $1.93 million, a price-to-earnings ratio of -0.29 and a beta of 0.45. The company has a current ratio of 1.41, a quick ratio of 0.67 and a debt-to-equity ratio of 0.21. Dynatronics has a 12 month low of $0.39 and a 12 month high of $1.62. The stock has a 50-day moving average price of $0.48 and a two-hundred day moving average price of $0.55.

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

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.