Dynatronics (NASDAQ:DYNT) Coverage Initiated at StockNews.com

StockNews.com initiated coverage on shares of Dynatronics (NASDAQ:DYNT) in a report published on Wednesday. The brokerage issued a hold rating on the medical equipment provider’s stock.

Dynatronics Stock Down 4.6 %

Shares of DYNT opened at $0.12 on Wednesday. The firm has a market capitalization of $1.09 million, a price-to-earnings ratio of -0.13 and a beta of 0.13. Dynatronics has a 52 week low of $0.08 and a 52 week high of $0.73. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.60 and a current ratio of 1.35. The business’s fifty day moving average price is $0.14 and its two-hundred day moving average price is $0.15.

Dynatronics Company Profile

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.