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

StockNews.com began coverage on shares of Cantaloupe (NASDAQ:USAT) in a research note issued to investors on Wednesday. The firm issued a hold rating on the stock.

Cantaloupe Stock Up 1.3 %

Shares of USAT opened at $6.96 on Wednesday. Cantaloupe has a 52 week low of $4.80 and a 52 week high of $12.94. The stock has a market cap of $494.71 million, a price-to-earnings ratio of -14.50 and a beta of 2.25. The business has a 50-day simple moving average of $7.01 and a two-hundred day simple moving average of $6.80.

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.