Dynatronics Co. (NASDAQ:DYNT) shares hit a new 52-week low on Monday . The company traded as low as $2.37 and last traded at $2.37, with a volume of 100 shares changing hands. The stock had previously closed at $2.62.
DYNT has been the subject of a number of research analyst reports. ValuEngine upgraded Dynatronics from a “hold” rating to a “buy” rating in a research report on Thursday, August 2nd. TheStreet upgraded Dynatronics from a “d” rating to a “c-” rating in a research report on Thursday, September 27th.
The stock has a market cap of $21.45 million, a price-to-earnings ratio of -5.93 and a beta of 0.09. The company has a debt-to-equity ratio of 0.31, a current ratio of 1.43 and a quick ratio of 0.70.
A hedge fund recently bought a new stake in Dynatronics stock. Wells Fargo & Company MN purchased a new stake in Dynatronics Co. (NASDAQ:DYNT) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 72,996 shares of the medical equipment provider’s stock, valued at approximately $208,000. Wells Fargo & Company MN owned approximately 0.89% of Dynatronics as of its most recent SEC filing. Hedge funds and other institutional investors own 12.37% of the company’s stock.
About Dynatronics (NASDAQ:DYNT)
Dynatronics Corporation designs, manufactures, markets, and distributes orthopedic soft goods, medical supplies, and physical therapy and rehabilitation equipment in the United States and internationally. It offers ankle and wrist braces, hot packs, cold packs, lumbar rolls, cervical collars, slings, cervical pillows, bolsters, positioning wedges, back cushions, lotions and gels, paper products, athletic tape, splints, elastic wraps, exercise weights, exercise bands and tubing, electrodes, and rehabilitation and back products.
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