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

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

Cantaloupe Trading Up 0.3 %

Shares of Cantaloupe stock opened at $9.76 on Friday. The firm’s 50 day simple moving average is $9.38 and its two-hundred day simple moving average is $7.95. The firm has a market capitalization of $693.73 million, a price-to-earnings ratio of -20.33 and a beta of 2.25. 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.