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

Analysts at StockNews.com began coverage on shares of Cantaloupe (NASDAQ:USAT) in a note issued to investors on Thursday. The firm set a “hold” rating on the stock.

Cantaloupe Trading Up 2.1 %

Shares of USAT opened at $9.24 on Thursday. The stock has a market capitalization of $656.77 million, a PE ratio of -19.25 and a beta of 2.25. The firm’s 50 day moving average is $7.34 and its 200-day moving average is $6.97. 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.