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

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

Cantaloupe Price Performance

Shares of USAT opened at $6.61 on Wednesday. Cantaloupe has a 1 year low of $4.80 and a 1 year high of $12.94. The company has a market capitalization of $469.83 million, a price-to-earnings ratio of -13.77 and a beta of 2.25. The business has a 50-day moving average of $7.01 and a 200-day moving average of $6.84.

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.