Dynatronics (NASDAQ:DYNT) announced its quarterly earnings data on Wednesday. The medical equipment provider reported ($0.05) EPS for the quarter, topping the consensus estimate of ($0.06) by $0.01, Fidelity Earnings reports. The company had revenue of $15.51 million during the quarter, compared to the consensus estimate of $14.96 million. Dynatronics had a negative net margin of 1.92% and a negative return on equity of 12.65%. Dynatronics updated its Q1 2020 guidance to EPS and its FY 2020 guidance to EPS.
Shares of DYNT stock opened at $1.00 on Friday. Dynatronics has a 52 week low of $1.00 and a 52 week high of $2.99. The firm has a 50 day moving average of $1.29 and a 200-day moving average of $1.63. The company has a quick ratio of 0.60, a current ratio of 1.43 and a debt-to-equity ratio of 0.34.
Several analysts have recently commented on DYNT shares. ValuEngine raised shares of Dynatronics from a “hold” rating to a “buy” rating in a research report on Thursday, August 1st. Aegis started coverage on shares of Dynatronics in a research report on Wednesday, June 5th. They set a “buy” rating for the company. Finally, Zacks Investment Research raised shares of Dynatronics from a “sell” rating to a “hold” rating in a research report on Tuesday, July 16th. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. Dynatronics has a consensus rating of “Buy” and an average price target of $3.88.
Dynatronics Corporation designs, manufactures, markets, and distributes orthopedic soft goods, medical supplies, and physical therapy and rehabilitation equipment in the United States and internationally. It offers ankle and wrist braces, hot packs, cold packs, lumbar rolls, cervical collars, slings, cervical pillows, bolsters, positioning wedges, back cushions, lotions and gels, paper products, athletic tape, splints, elastic wraps, exercise weights, exercise bands and tubing, electrodes, and rehabilitation and back products.
Further Reading: How to read a candlestick chart
Receive News & Ratings for Dynatronics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dynatronics and related companies with MarketBeat.com's FREE daily email newsletter.