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

StockNews.com initiated coverage on shares of Cantaloupe (NASDAQ:USAT) in a research note released on Wednesday. The brokerage issued a hold rating on the stock.

Cantaloupe Price Performance

Shares of NASDAQ:USAT opened at $6.79 on Wednesday. Cantaloupe has a one year low of $4.80 and a one year high of $12.94. The company has a market cap of $482.63 million, a price-to-earnings ratio of -14.15 and a beta of 2.25. The firm has a 50 day simple moving average of $6.72 and a 200 day simple moving average 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.