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

StockNews.com started coverage on shares of Cantaloupe (NASDAQ:USAT) in a report issued on Monday. The brokerage issued a hold rating on the stock.

Cantaloupe Stock Down 0.4 %

Shares of USAT opened at $9.16 on Monday. Cantaloupe has a 52-week low of $4.80 and a 52-week high of $12.94. The firm’s fifty day moving average is $9.31 and its two-hundred day moving average is $8.79. The stock has a market cap of $651.08 million, a PE ratio of -19.08 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.