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

StockNews.com initiated coverage on shares of Dynatronics (NASDAQ:DYNT) in a research report released on Tuesday morning. The firm issued a hold rating on the medical equipment provider’s stock.

Dynatronics Stock Down 3.0 %

DYNT opened at $0.13 on Tuesday. Dynatronics has a twelve month low of $0.08 and a twelve month high of $0.65. The company has a quick ratio of 0.60, a current ratio of 1.21 and a debt-to-equity ratio of 0.25. The company has a 50-day moving average price of $0.13 and a 200 day moving average price of $0.13. The company has a market cap of $1.14 million, a PE ratio of -0.16 and a beta of 0.80.

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.