Dynatronics Corporation (DYNT) Issues Quarterly Earnings Results
Dynatronics Corporation (NASDAQ:DYNT) issued its quarterly earnings data on Tuesday. The medical equipment provider reported $0.00 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.08) by $0.08, Zacks Earnings Dates reports. The company had revenue of $12.80 million for the quarter. Dynatronics Corporation had a negative return on equity of 56.91% and a negative net margin of 3.42%.
Shares of Dynatronics Corporation (NASDAQ DYNT) traded down $0.10 during midday trading on Thursday, hitting $2.45. The company had a trading volume of 4,940 shares, compared to its average volume of 13,951. The company has a quick ratio of 0.80, a current ratio of 1.77 and a debt-to-equity ratio of 0.93. Dynatronics Corporation has a 12-month low of $2.10 and a 12-month high of $3.75.
A number of research analysts have recently commented on DYNT shares. ValuEngine raised Dynatronics Corporation from a “strong sell” rating to a “sell” rating in a research note on Friday, July 28th. Zacks Investment Research lowered Dynatronics Corporation from a “hold” rating to a “sell” rating in a report on Monday, September 4th.
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About Dynatronics Corporation
Dynatronics Corporation is a manufacturer and distributor of physical medicine products. The Company’s products include a line of medical equipment for physical medicine applications, including therapy devices, medical supplies and soft goods, treatment tables and rehabilitation equipment. Its products are used by physical therapists, chiropractors, sports medicine practitioners, podiatrists, physicians and other physical medicine professionals.
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