Cantaloupe (NASDAQ:USAT) Research Coverage Started at StockNews.com

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

Cantaloupe Price Performance

Shares of USAT stock opened at $9.25 on Thursday. Cantaloupe has a one year low of $4.80 and a one year high of $12.94. The company has a market capitalization of $657.48 million, a P/E ratio of -19.27 and a beta of 2.25. The company’s 50-day simple moving average is $7.43 and its two-hundred day simple moving average is $7.01.

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.