DYNT has 36-month beta value of 0.49. Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 1 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for DYNT is 2.99M, and currently, short sellers hold a 0.57% ratio of that float. The average trading volume of DYNT on April 16, 2024 was 19.82K shares.
DYNT) stock’s latest price update
The stock of Dynatronics Corp. (NASDAQ: DYNT) has decreased by -5.27 when compared to last closing price of 0.39.Despite this, the company has seen a loss of -6.82% in its stock price over the last five trading days. Newsfile Corp reported 2024-01-25 that Eagan, Minnesota–(Newsfile Corp. – January 25, 2024) – Dynatronics Corporation (NASDAQ: DYNT), a leading manufacturer of athletic training, physical therapy, and rehabilitation products, today announced that the company will release financial results for its second quarter of fiscal year 2024 ended December 31, 2023 on Thursday, February 8, 2024 before the market opens. The company will subsequently hold a conference call, consisting of prepared remarks by management, and a question-and-answer session with analysts, at 8:00 AM ET on Thursday, February 8, 2024, to review its second quarter fiscal year 2024 results.
DYNT’s Market Performance
Dynatronics Corp. (DYNT) has seen a -6.82% fall in stock performance for the week, with a -19.48% decline in the past month and a -35.03% plunge in the past quarter. The volatility ratio for the week is 4.45%, and the volatility levels for the past 30 days are at 5.11% for DYNT.. The simple moving average for the past 20 days is -13.41% for DYNT’s stock, with a -39.34% simple moving average for the past 200 days.
DYNT Trading at -21.17% from the 50-Day Moving Average
After a stumble in the market that brought DYNT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -77.06% of loss for the given period.
Volatility was left at 5.11%, however, over the last 30 days, the volatility rate increased by 4.45%, as shares sank -14.42% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -27.37% lower at present.
During the last 5 trading sessions, DYNT fell by -6.82%, which changed the moving average for the period of 200-days by -56.42% in comparison to the 20-day moving average, which settled at $0.4247. In addition, Dynatronics Corp. saw -36.68% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for DYNT
Current profitability levels for the company are sitting at:
- -0.13 for the present operating margin
- 0.22 for the gross margin
The net margin for Dynatronics Corp. stands at -0.15. The total capital return value is set at -0.23. Equity return is now at value -27.61, with -15.45 for asset returns.
Based on Dynatronics Corp. (DYNT), the company’s capital structure generated 0.31 points at debt to capital in total, while cash flow to debt ratio is standing at -0.21. The debt to equity ratio resting at 0.44. The interest coverage ratio of the stock is -59.24.
Currently, EBITDA for the company is -3.5 million with net debt to EBITDA at -1.61. When we switch over and look at the enterprise to sales, we see a ratio of 0.24. The receivables turnover for the company is 8.33for trailing twelve months and the total asset turnover is 1.2. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.41.
Conclusion
To put it simply, Dynatronics Corp. (DYNT) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
