Cantaloupe (NASDAQ:USAT) Coverage Initiated by Analysts at StockNews.com

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

Cantaloupe Trading Down 2.4 %

NASDAQ USAT opened at $6.08 on Wednesday. Cantaloupe has a 52 week low of $4.80 and a 52 week high of $12.94. The stock has a market cap of $432.16 million, a price-to-earnings ratio of -12.67 and a beta of 2.25. The company has a 50-day moving average price of $6.47 and a two-hundred day moving average price of $6.97.

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.