Cantaloupe (NASDAQ:USAT) Now Covered by StockNews.com

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

Cantaloupe Stock Performance

Shares of USAT stock opened at $9.30 on Thursday. Cantaloupe has a 1 year low of $4.80 and a 1 year high of $12.94. The stock has a fifty day moving average price of $9.24 and a 200 day moving average price of $7.78. The stock has a market cap of $661.03 million, a PE ratio of -19.38 and a beta of 2.25.

About Cantaloupe

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.