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

Investment analysts at StockNews.com began coverage on shares of Dynatronics (NASDAQ:DYNT) in a research report issued to clients and investors on Monday. The firm set a “hold” rating on the medical equipment provider’s stock.

Dynatronics Stock Performance

DYNT opened at $0.08 on Monday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.60 and a current ratio of 1.21. Dynatronics has a 52-week low of $0.08 and a 52-week high of $0.50. The firm has a market cap of $861,282.00, a P/E ratio of -0.10 and a beta of 0.45. The business’s fifty day moving average is $0.11 and its 200-day moving average is $0.12.

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.