Dynatronics (DYNT) Receiving Somewhat Favorable News Coverage, Study Finds

News coverage about Dynatronics (NASDAQ:DYNT) has trended somewhat positive on Wednesday, Accern reports. The research group identifies negative and positive press coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Dynatronics earned a news impact score of 0.17 on Accern’s scale. Accern also gave media headlines about the medical equipment provider an impact score of 47.2017288092656 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

These are some of the news stories that may have effected Accern Sentiment’s scoring:

Separately, Zacks Investment Research raised shares of Dynatronics from a “hold” rating to a “buy” rating and set a $3.00 price target for the company in a report on Tuesday.

Shares of Dynatronics (NASDAQ:DYNT) opened at $2.70 on Wednesday. Dynatronics has a twelve month low of $2.10 and a twelve month high of $3.75. The company has a current ratio of 1.46, a quick ratio of 0.92 and a debt-to-equity ratio of 0.81.

Dynatronics (NASDAQ:DYNT) last issued its quarterly earnings data on Tuesday, November 14th. The medical equipment provider reported $0.00 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.08) by $0.08. The business had revenue of $12.80 million during the quarter. Dynatronics had a negative net margin of 3.42% and a negative return on equity of 45.78%. sell-side analysts expect that Dynatronics will post -0.09 earnings per share for the current fiscal year.

In related news, major shareholder Ventures 1 Lp Provco acquired 300,000 shares of the company’s stock in a transaction that occurred on Thursday, November 30th. The stock was acquired at an average price of $2.50 per share, with a total value of $750,000.00. Following the purchase, the insider now directly owns 586,944 shares in the company, valued at $1,467,360. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Brian Larkin acquired 40,000 shares of the company’s stock in a transaction that occurred on Thursday, November 30th. The stock was bought at an average cost of $2.50 per share, with a total value of $100,000.00. Following the purchase, the director now owns 80,276 shares in the company, valued at $200,690. The disclosure for this purchase can be found here. 51.80% of the stock is owned by corporate insiders.

TRADEMARK VIOLATION NOTICE: “Dynatronics (DYNT) Receiving Somewhat Favorable News Coverage, Study Finds” was reported by Community Financial News and is the property of of Community Financial News. If you are accessing this article on another domain, it was stolen and republished in violation of United States & international copyright & trademark legislation. The legal version of this article can be read at https://www.com-unik.info/2017/12/06/dynatronics-dynt-receiving-somewhat-favorable-news-coverage-study-finds.html.

Dynatronics 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.

Insider Buying and Selling by Quarter for Dynatronics (NASDAQ:DYNT)

Receive News & Ratings for Dynatronics Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dynatronics Co. and related companies with MarketBeat.com's FREE daily email newsletter.


Leave a Reply

share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit