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 Monday morning. The firm issued a hold rating on the stock.

Cantaloupe Trading Up 3.3 %

Cantaloupe stock opened at $8.95 on Monday. The business’s 50 day simple moving average is $8.53 and its 200 day simple moving average is $7.48. Cantaloupe has a 12 month low of $4.80 and a 12 month high of $12.94. The company has a market cap of $636.16 million, a price-to-earnings ratio of -18.65 and a beta of 2.25.

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.