Dynatronics (NASDAQ:DYNT) Now Covered by StockNews.com

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

Dynatronics Stock Down 8.0 %

Shares of NASDAQ DYNT traded down $0.04 during mid-day trading on Thursday, reaching $0.45. 56,626 shares of the company were exchanged, compared to its average volume of 1,445,706. The firm has a 50-day moving average of $0.47 and a 200 day moving average of $0.52. Dynatronics has a 1 year low of $0.37 and a 1 year high of $1.44. The company has a quick ratio of 0.67, a current ratio of 1.41 and a debt-to-equity ratio of 0.21. The stock has a market cap of $2.20 million, a price-to-earnings ratio of -0.33 and a beta of 0.41.

Dynatronics (NASDAQ:DYNT) last released its quarterly earnings results 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 firm had revenue of $8.15 million for the quarter.

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.