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

Equities researchers at StockNews.com assumed coverage on shares of Cantaloupe (NASDAQ:USAT) in a report released on Wednesday. The firm set a “hold” rating on the stock.

Cantaloupe Stock Performance

USAT stock opened at $9.06 on Wednesday. The company has a 50 day moving average price of $8.96 and a two-hundred day moving average price of $7.65. The stock has a market capitalization of $643.98 million, a P/E ratio of -18.88 and a beta of 2.25. Cantaloupe has a one year low of $4.80 and a one year high of $12.94.

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.