Dynatronics (NASDAQ:DYNT) Share Price Crosses Below 200-Day Moving Average of $0.54

Dynatronics Co. (NASDAQ:DYNT)’s share price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $0.54 and traded as low as $0.37. Dynatronics shares last traded at $0.37, with a volume of 3,496,161 shares.

Analyst Ratings Changes

Separately, StockNews.com began coverage on Dynatronics in a research report on Tuesday. They issued a “hold” rating on the stock.

Dynatronics Stock Up 6.4 %

The company has a current ratio of 1.41, a quick ratio of 0.67 and a debt-to-equity ratio of 0.21. The firm has a market capitalization of $2.86 million, a PE ratio of -0.40 and a beta of 0.45. The firm has a 50-day moving average of $0.46 and a two-hundred day moving average of $0.53.

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

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.