Cantaloupe (NASDAQ:USAT) Receives New Coverage from Analysts at StockNews.com

Stock analysts at StockNews.com began coverage on shares of Cantaloupe (NASDAQ:USAT) in a research report issued to clients and investors on Wednesday. The firm set a “hold” rating on the stock.

Cantaloupe Price Performance

Shares of USAT stock opened at $8.87 on Wednesday. The stock has a 50-day moving average of $7.15 and a 200-day moving average of $6.89. The stock has a market cap of $630.47 million, a PE ratio of -18.48 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.