Cantaloupe (NASDAQ:USAT) Now Covered by Analysts at StockNews.com

StockNews.com began coverage on shares of Cantaloupe (NASDAQ:USAT) in a research report sent to investors on Wednesday. The firm issued a hold rating on the stock.

Cantaloupe Stock Up 3.2 %

Shares of USAT opened at $6.76 on Wednesday. Cantaloupe has a 12-month low of $4.80 and a 12-month high of $12.94. The business’s fifty day moving average is $7.63 and its 200 day moving average is $6.83. The stock has a market cap of $480.49 million, a P/E ratio of -14.08 and a beta of 2.25.

Cantaloupe Company Profile

Cantaloupe, Inc is a software and payments company, which engages in the provision of end-to-end technology solutions for the unattended retail market. It offers Internet of Things (IoT) and machine-to-machine (M2M) services, which include the ability to remotely monitor, control, and report on the results of distributed assets containing the electronic payment solutions.