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

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

Cantaloupe Stock Performance

Shares of NASDAQ:USAT opened at $9.49 on Tuesday. The stock’s 50-day moving average is $8.70 and its 200-day moving average is $7.56. The company has a market cap of $674.54 million, a P/E ratio of -19.77 and a beta of 2.25. Cantaloupe has a 52-week low of $4.80 and a 52-week 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.