Cantaloupe (NASDAQ:USAT) Coverage Initiated by Analysts at StockNews.com

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

Cantaloupe Trading Down 1.1 %

NASDAQ USAT opened at $6.26 on Tuesday. Cantaloupe has a 1-year low of $4.80 and a 1-year high of $12.94. The stock has a 50-day moving average of $6.64 and a 200-day moving average of $7.00. The firm has a market cap of $444.95 million, a PE ratio of -13.04 and a beta of 2.25.

About Cantaloupe

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.