Dynatronics Corporation Reports Third Quarter Fiscal Year 2023 Financial Results and Business Highlights
DYNTDelisted Stock | USD 0.20 0.00 0.00% |
Slightly above 56% of Dynatronics' investor base is looking to short. The analysis of overall sentiment of trading Dynatronics stock suggests that many investors are alarmed at this time. Dynatronics' investing sentiment can be driven by a variety of factors including economic data, Dynatronics' earnings reports, geopolitical events, and overall market trends.
Dynatronics |
Eagan, Minnesota - Dynatronics Corporation , a manufacturer of athletic training, physical therapy, and rehabilitation products, today reported financial results for its third quarter of fiscal year 2023 ended March 31, 2023, and provided an update on the business.CEO CommentaryDynatronics experienced revenue challenges in our third fiscal quarter as a result of three external factors. As a result, we are adjusting
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Dynatronics Fundamental Analysis
We analyze Dynatronics' financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Dynatronics using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Dynatronics based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Cash Per Share
Cash Per Share Comparative Analysis
Dynatronics is currently under evaluation in cash per share category among its peers. Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.
Dynatronics Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Dynatronics stock to make a market-neutral strategy. Peer analysis of Dynatronics could also be used in its relative valuation, which is a method of valuing Dynatronics by comparing valuation metrics with similar companies.
Peers
Dynatronics Related Equities
VVOS | Vivos Therapeutics | 3.60 | ||||
ASAPF | Aurora Spine | 3.45 | ||||
NPCE | Neuropace | 1.10 | ||||
BJDX | Bluejay Diagnostics | 0.65 | ||||
NSYS | Nortech Systems | 0.52 | ||||
IRIX | IRIDEX | 1.15 | ||||
BBLG | Bone Biologics | 1.75 | ||||
RPID | Rapid Micro | 1.96 | ||||
SSKN | STRATA Skin | 2.60 | ||||
SGHT | Sight Sciences | 3.76 | ||||
TIVC | Tivic Health | 4.35 | ||||
TNON | Tenon Medical | 4.39 | ||||
NXL | Nexalin Technology | 4.81 |
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Other Consideration for investing in Dynatronics Stock
If you are still planning to invest in Dynatronics check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Dynatronics' history and understand the potential risks before investing.
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