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

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

Cantaloupe Stock Up 2.5 %

Shares of NASDAQ USAT opened at $7.71 on Tuesday. Cantaloupe has a twelve month low of $4.80 and a twelve month high of $12.94. The stock has a market cap of $548.02 million, a price-to-earnings ratio of -16.06 and a beta of 2.25. The company’s fifty day moving average is $9.16 and its 200-day moving average is $8.83.

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.