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

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

Cantaloupe Stock Up 0.3 %

USAT opened at $12.16 on Monday. The company has a market capitalization of $864.32 million, a PE ratio of -25.33 and a beta of 2.25. Cantaloupe has a 52 week low of $4.80 and a 52 week high of $12.94. The firm has a 50-day simple moving average of $8.38 and a two-hundred day simple moving average of $7.43.

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.