Dynatronics (NASDAQ:DYNT) Now Covered by StockNews.com

StockNews.com started coverage on shares of Dynatronics (NASDAQ:DYNT) in a research report sent to investors on Thursday morning. The brokerage issued a hold rating on the medical equipment provider’s stock.

Dynatronics Trading Down 8.0 %

Shares of DYNT stock traded down $0.04 during trading hours on Thursday, hitting $0.45. 56,626 shares of the company’s stock traded hands, compared to its average volume of 1,445,706. The stock has a market cap of $2.20 million, a PE ratio of -0.33 and a beta of 0.41. The stock’s 50 day simple moving average is $0.47 and its 200 day simple moving average is $0.52. The company has a quick ratio of 0.67, a current ratio of 1.41 and a debt-to-equity ratio of 0.21. Dynatronics has a 12 month low of $0.37 and a 12 month high of $1.44.

Dynatronics (NASDAQ:DYNT) last posted its quarterly earnings data on Wednesday, February 7th. The medical equipment provider reported ($0.27) earnings per share for the quarter. The company had revenue of $8.15 million during the quarter. Dynatronics had a negative net margin of 14.13% and a negative return on equity of 54.88%.

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.