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

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

Cantaloupe Stock Performance

Cantaloupe stock opened at $8.32 on Monday. Cantaloupe has a fifty-two week low of $4.80 and a fifty-two week high of $12.94. The firm has a market capitalization of $591.38 million, a price-to-earnings ratio of -17.33 and a beta of 2.25. The stock’s fifty day moving average is $9.43 and its two-hundred day moving average is $8.14.

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.