Cantaloupe (NASDAQ:USAT) Earns Hold Rating from Analysts at StockNews.com

Research analysts at StockNews.com initiated coverage on shares of Cantaloupe (NASDAQ:USAT) in a research note issued on Saturday. The firm set a “hold” rating on the stock.

Cantaloupe Price Performance

Shares of USAT stock opened at $12.16 on Friday. The firm has a market capitalization of $864.32 million, a price-to-earnings ratio of -13.13 and a beta of 2.25. The business has a fifty day moving average of $7.01 and a 200 day moving average of $6.73. Cantaloupe has a 1 year low of $4.80 and a 1 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.