Dynatronics (NASDAQ:DYNT) Earns Hold Rating from Analysts at StockNews.com

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

Dynatronics Price Performance

DYNT opened at $0.14 on Monday. Dynatronics has a twelve month low of $0.08 and a twelve month high of $0.73. The company’s 50-day moving average price is $0.13 and its two-hundred day moving average price is $0.16. The stock has a market cap of $1.02 million, a price-to-earnings ratio of -0.15 and a beta of 0.16. The company has a quick ratio of 0.60, a current ratio of 1.35 and a debt-to-equity ratio of 0.23.

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.