Cantaloupe (NASDAQ:USAT) Earns Hold Rating from Analysts at StockNews.com

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

Cantaloupe Stock Up 2.4 %

Shares of USAT opened at $9.49 on Tuesday. The firm has a 50-day moving average price of $8.70 and a 200 day moving average price of $7.56. The firm has a market capitalization of $674.54 million, a PE ratio of -19.77 and a beta of 2.25. Cantaloupe has a 52-week low of $4.80 and a 52-week high of $12.94.

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.