The 36-month beta value for DYNT is at 0.26. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 1 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for DYNT is 3.41M, and currently, shorts hold a 0.47% of that float. The average trading volume for DYNT on June 28, 2024 was 489.82K shares.
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DYNT) stock’s latest price update
Dynatronics Corp. (NASDAQ: DYNT) has seen a decline in its stock price by -20.97 in relation to its previous close of 0.34. However, the company has experienced a -17.45% decline in its stock price over the last five trading sessions. newsfilecorp.com reported 2024-06-28 that Eagan, Minnesota–(Newsfile Corp. – June 28, 2024) – As previously disclosed, Dynatronics Corporation (NASDAQ: DYNT) (“Dynatronics” or the “Company”), a leading manufacturer of athletic training, physical therapy, and rehabilitation products, received written notice from The Nasdaq Stock Market (“Nasdaq”) that if Dynatronics’ common stock failed to regain compliance with Nasdaq’s minimum bid price requirement before June 24, 2024, the Company’s common stock would be delisted from Nasdaq. On June 27, 2024, Dynatronics received written notice from Nasdaq that trading of the Company’s common stock will be suspended at the open of business on July 9, 2024 due to Dynatronics’ failure to regain compliance with the minimum bid price requirement.
DYNT’s Market Performance
Dynatronics Corp. (DYNT) has experienced a -17.45% fall in stock performance for the past week, with a -32.40% drop in the past month, and a -40.77% drop in the past quarter. The volatility ratio for the week is 10.19%, and the volatility levels for the past 30 days are at 9.57% for DYNT. The simple moving average for the past 20 days is -28.12% for DYNT’s stock, with a -49.22% simple moving average for the past 200 days.
DYNT Trading at -39.13% 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 -70.88% of loss for the given period.
Volatility was left at 9.57%, however, over the last 30 days, the volatility rate increased by 10.19%, as shares sank -30.55% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -53.68% lower at present.
During the last 5 trading sessions, DYNT fell by -15.58%, which changed the moving average for the period of 200-days by -64.34% in comparison to the 20-day moving average, which settled at $0.3627. In addition, Dynatronics Corp. saw -54.70% 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:
- -0.12 for the present operating margin
- 0.21 for the gross margin
The net margin for Dynatronics Corp. stands at -0.14. The total capital return value is set at -0.21. Equity return is now at value -25.76, with -14.33 for asset returns.
Based on Dynatronics Corp. (DYNT), the company’s capital structure generated 0.32 points at debt to capital in total, while cash flow to debt ratio is standing at -0.27. The debt to equity ratio resting at 0.47. The interest coverage ratio of the stock is -24.73.
Currently, EBITDA for the company is -3.5 million with net debt to EBITDA at -2.09. When we switch over and look at the enterprise to sales, we see a ratio of 0.23. The receivables turnover for the company is 8.01for trailing twelve months and the total asset turnover is 1.21. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.40.
Conclusion
In conclusion, Dynatronics Corp. (DYNT) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.
