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

Analysts at StockNews.com started coverage on shares of Cantaloupe (NASDAQ:USAT) in a research note issued on Friday. The brokerage set a “hold” rating on the stock.

Cantaloupe Trading Down 1.1 %

USAT stock opened at $6.54 on Friday. The company has a market cap of $464.86 million, a price-to-earnings ratio of -13.63 and a beta of 2.25. The firm has a 50 day moving average of $6.70 and a 200-day moving average of $6.89. Cantaloupe has a 12-month low of $4.80 and a 12-month high of $12.94.

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.