Dynatronics (NASDAQ:DYNT) Coverage Initiated at StockNews.com

Stock analysts at StockNews.com initiated 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 Performance

Shares of NASDAQ DYNT opened at $0.14 on Tuesday. The firm has a 50 day moving average of $0.13 and a 200 day moving average of $0.15. The firm has a market capitalization of $1.21 million, a price-to-earnings ratio of -0.14 and a beta of 0.13. Dynatronics has a 12-month low of $0.08 and a 12-month high of $0.73. The company has a current ratio of 1.35, a quick ratio of 0.60 and a debt-to-equity ratio of 0.23.

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.