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

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

Dynatronics Price Performance

Shares of NASDAQ DYNT opened at $0.11 on Thursday. The firm has a market cap of $933,860.00, a PE ratio of -0.13 and a beta of 0.80. 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 business has a 50 day moving average price of $0.12 and a two-hundred day moving average price of $0.13. Dynatronics has a fifty-two week low of $0.08 and a fifty-two week high of $0.65.

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.