Aegis reiterated their market perform rating on shares of Dynatronics (NASDAQ:DYNT) in a report published on Thursday morning, AnalystRatings.com reports. Aegis currently has a $1.45 target price on the medical equipment provider’s stock.
A number of other research firms have also commented on DYNT. Zacks Investment Research lowered Dynatronics from a buy rating to a hold rating in a research note on Monday, May 18th. ValuEngine upgraded shares of Dynatronics from a hold rating to a buy rating in a research report on Friday, May 1st. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The stock has a consensus rating of Buy and an average target price of $1.75.
DYNT stock opened at $0.91 on Thursday. The company has a fifty day moving average price of $0.78 and a 200-day moving average price of $0.93. The company has a quick ratio of 0.56, a current ratio of 1.28 and a debt-to-equity ratio of 0.44. Dynatronics has a 52-week low of $0.63 and a 52-week high of $3.70.
Dynatronics (NASDAQ:DYNT) last posted its quarterly earnings data on Thursday, May 14th. The medical equipment provider reported ($0.13) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.04) by ($0.09). Dynatronics had a negative net margin of 2.24% and a negative return on equity of 13.41%. The company had revenue of $13.71 million during the quarter. On average, equities research analysts anticipate that Dynatronics will post -0.41 earnings per share for the current fiscal year.
An institutional investor recently bought a new position in Dynatronics stock. Advisor Group Holdings Inc. bought a new position in shares of Dynatronics Co. (NASDAQ:DYNT) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 44,520 shares of the medical equipment provider’s stock, valued at approximately $38,000. Advisor Group Holdings Inc. owned 0.43% of Dynatronics at the end of the most recent reporting period. Institutional investors and hedge funds own 6.93% of the company’s stock.
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.
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