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

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

Cantaloupe Trading Up 1.0 %

NASDAQ USAT opened at $9.42 on Friday. The company has a market capitalization of $669.56 million, a price-to-earnings ratio of -19.63 and a beta of 2.25. Cantaloupe has a 1-year low of $4.80 and a 1-year high of $12.94. The stock’s 50 day moving average is $9.41 and its two-hundred day moving average is $8.05.

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.