How to Buy Dynatronics Stock
Dynatronics Corp
Dynatronics Corporation, a medical device company, designs, manufactures, and sells physical therapy, rehabilitation, orthopedics, pain management, and athletic training products in the United States.
Dynatronics stock last closed at $0.51, down 3.77% from the previous day, and has decreased 63.76% in one year. It has underperformed other stocks in the Medical Devices industry by 0.47 percentage points. Dynatronics stock is currently +38.11% from its 52-week low of $0.37, and -64.51% from its 52-week high of $1.44.
As of Apr 30, 2024, there are 4.88M shares of DYNT outstanding. The market value of DYNT is $2.49M. In the past 24 hours, 73,541 DYNT shares were traded.
How to Buy Dynatronics Stock
Wondering how to invest in Dynatronics stock? Here's how.
- Figure out where to buy Dynatronics stock: You need to choose a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you determine where to buy Dynatronics stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Deposit funds into your investment account: Choose your payment method and add your details.
- Evaluate Dynatronics stock: The Dynatronics ticker symbol is DYNT. Is Dynatronics stock a good investment? Should you buy shares of DYNT? How do DYNT's underlying business fundamentals look? Do top analysts think Dynatronics is a good buy? Why has DYNT's stock price moved recently? (Hint: Our stock market research tools can help you figure out if DYNT is a good stock to buy).
- Make your DYNT purchase: Decide if you will purchase DYNT shares at the current market price or use a limit order to purchase DYNT shares at a particular price.
- Watch your DYNT investment: Create a watchlist to monitor your new investment in Dynatronics shares.
Step 1: Figure out where to buy Dynatronics stock
You will need a brokerage account in order to access the NASDAQ market and buy DYNT shares.
Our favorite brokerage: eToro
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- Social investing: eToro offers a community of more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your stock purchase by opening an account with eToro now.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked your brokerage, you'll need to fill out some personal info so you can buy DYNT stock today.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to start a new trading account.
- Submit your information by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you have filled out your info on apps for stocks, you can securely and quickly fund your account:
Watch the tutorial below for more details depositing money into your investment account.
Step 4: Evaluate Dynatronics stock
Once you have chosen the best place to buy Dynatronics stock, it's very important to analyze their stock before you invest, so you truly understand the risk as well as the opportunity.
Dynatronics Metrics
Dynatronics Zen Score
WallStreetZen was designed to help average investors do more in-depth fundamental analysis quickly.
You can see all of the due diligence checks on DYNT's stock page.
How is DYNT stock valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge DYNT's true value.
Using relative valuations methods:
- DYNT could be undervalued based on its P/B ratio of 0.16x, relative to Medical Devices industry P/B ratio of 3.69x
You can do additional valuation research on DYNT's stock here.
DYNT Financial Health
Positive Financial Indicators:
- There are more short-term assets than long-term liabilities on the DYNT balance sheet.
- There are more short-term assets than short-term liabilities on the DYNT balance sheet.
- DYNT has $555.18k in cash and short term investments. This is sufficient to cover its annual cash burn of $1.73M.
Negative Financial Indicators:
- DYNT has a relatively high debt to equity ratio of 0.89.
- DYNT has cash burn of 1734691. It does not have enough cash and short-term investments to cover this.
- Total DYNT debt is higher than 5 years ago, relative to shareholder equity.
- DYNT profit margin has gone down from -11.5% to -16.2% in the past year.
You can dive deeper into what analysts are forecasting on the Dynatronics stock forecast page.
Metrics for Advanced DYNT Traders
DYNT Earnings
Last year, DYNT revenue was $35.18M. In the last 5 year, DYNT's revenue has gone up by -11.84% per year. This was slower than the Medical Devices industry average of 12.84%.
You can analyze DYNT's earnings and revenue performance here.
Who is buying/selling DYNT?
In the past year, executives and large shareholders at DYNT have bought more shares than they have sold.
John Anthony Krier, CFO of DYNT, was the latest DYNT insider to buy. They bought $4,934.25 worth of DYNT stock on Oct 3, 2023.
Dig into more about who owns DYNT shares here.
Does DYNT provide a stable income stream?
No, Dynatronics doesn't provide an income stream by paying out dividends.
Get analysis from other investors
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Make your DYNT purchase
You have two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are generally the best for newer investors. - Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
If you want to make sure you're buying or selling at a particular dollar amount, place a limit order.
Press the Open Trade button and your broker will place your order.
If you want additional help with buying stocks on eToro, click the how to video below:
Step 6: Watch your DYNT investment
Now that you own some DYNT shares, you'll want to keep up with your new investment.
Make a watchlist to get notified of the latest news about your DYNT stock.
DYNT Feed
How to Buy Stock in Dynatronics
To reiterate, here are the 6 steps to buy stock in Dynatronics:
- Figure out where to buy Dynatronics stock
- Sign up for a brokerage account
- Deposit funds into your investment account
- Evaluate Dynatronics stock
- Make your DYNT purchase
- Watch your DYNT investment
If you are looking for a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to get notifications regarding your new investment in Dynatronics, create your watchlist below.
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