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

StockNews.com began coverage on shares of Cantaloupe (NASDAQ:USAT) in a research report report published on Thursday. The brokerage issued a hold rating on the stock.

Cantaloupe Trading Down 0.9 %

Shares of Cantaloupe stock opened at $6.65 on Thursday. Cantaloupe has a 1 year low of $4.80 and a 1 year high of $12.94. The company has a market cap of $472.68 million, a P/E ratio of -13.85 and a beta of 2.25. The stock has a 50-day moving average price of $6.66 and a 200 day moving average price of $6.95.

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.