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

StockNews.com assumed coverage on shares of Dynatronics (NASDAQ:DYNT) in a research note issued to investors on Wednesday morning. The firm issued a hold rating on the medical equipment provider’s stock.

Dynatronics Stock Up 9.4 %

Shares of NASDAQ:DYNT opened at $0.59 on Wednesday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.67 and a current ratio of 1.41. Dynatronics has a 1 year low of $0.37 and a 1 year high of $1.62. The stock has a market capitalization of $2.88 million, a P/E ratio of -0.43 and a beta of 0.45. The stock has a 50-day simple moving average of $0.47 and a 200-day simple moving average of $0.53.

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

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.