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(DYNT - Get Report)
designs, manufactures and markets physical medical products. It has been upgraded to a hold from a sell. The company's stock price has increased by 13.28% over the past 12 months, and looking ahead, its fundamentals will not have much impact in either direction. Dynatronics' net income grew to $220,000 in the fourth quarter of its fiscal year 2007, more than five times the $40,000 it reported a year earlier. Its gross profit margin of 46.10% is strong and has increased from the same quarter the previous year. The company has not demonstrated a clear trend in earnings over the past two years, making it difficult to accurately predict earnings for the coming year. Dynatronics had been rated a sell since May 2007.