Dynatronics Corporation (NASDAQ:DYNT) was downgraded by investment analysts at ValuEngine from a “sell” rating to a “strong sell” rating in a research note issued to investors on Monday.
Separately, Zacks Investment Research upgraded Dynatronics Corporation from a “sell” rating to a “hold” rating in a research note on Tuesday, July 11th.
Shares of Dynatronics Corporation (NASDAQ:DYNT) traded down 13.21% during mid-day trading on Monday, hitting $2.30. The stock had a trading volume of 14,773 shares. The stock’s market capitalization is $8.47 million. The stock has a 50 day moving average of $2.94 and a 200-day moving average of $2.80. Dynatronics Corporation has a 52 week low of $2.29 and a 52 week high of $3.75.
Dynatronics Corporation (NASDAQ:DYNT) last announced its earnings results on Thursday, May 18th. The medical equipment provider reported ($0.28) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.20) by $0.08. The firm had revenue of $7.72 million for the quarter. Dynatronics Corporation had a negative return on equity of 152.17% and a negative net margin of 7.24%. On average, equities research analysts predict that Dynatronics Corporation will post ($0.85) earnings per share for the current year.
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Dynatronics Corporation Company Profile
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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