ValuEngine upgraded shares of Dynatronics Corporation (NASDAQ:DYNT) from a strong sell rating to a sell rating in a research note released on Friday morning.

Separately, Zacks Investment Research cut shares of Dynatronics Corporation from a hold rating to a sell rating in a research report on Tuesday, May 16th.

Dynatronics Corporation (NASDAQ DYNT) opened at 2.65 on Friday. The firm’s market capitalization is $9.76 million. Dynatronics Corporation has a 12 month low of $2.29 and a 12 month high of $3.75. The stock’s 50 day moving average price is $2.71 and its 200-day moving average price is $2.83.

Dynatronics Corporation (NASDAQ:DYNT) last announced its quarterly earnings results on Thursday, May 18th. The medical equipment provider reported ($0.28) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.20) by $0.08. Dynatronics Corporation had a negative net margin of 7.24% and a negative return on equity of 152.17%. The company had revenue of $7.72 million during the quarter. Equities analysts forecast that Dynatronics Corporation will post ($0.85) earnings per share for the current year.

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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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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