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

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

Dynatronics Trading Down 23.3 %

DYNT stock opened at $0.14 on Tuesday. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.35 and a quick ratio of 0.60. Dynatronics has a 1-year low of $0.08 and a 1-year high of $0.73. The business has a 50 day simple moving average of $0.13 and a two-hundred day simple moving average of $0.15. The company has a market capitalization of $1.21 million, a price-to-earnings ratio of -0.14 and a beta of 0.13.

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.