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

Investment analysts at StockNews.com began coverage on shares of Cantaloupe (NASDAQ:USAT) in a research report issued on Sunday. The brokerage set a “hold” rating on the stock.

Cantaloupe Price Performance

NASDAQ:USAT opened at $7.88 on Friday. The firm has a 50-day moving average of $8.34 and a 200-day moving average of $8.92. The company has a market cap of $560.10 million, a PE ratio of -16.42 and a beta of 2.25. Cantaloupe has a one year low of $4.80 and a one year high of $12.94.

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.