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

StockNews.com began coverage on shares of Cantaloupe (NASDAQ:USAT) in a research report report published on Saturday morning. The firm issued a hold rating on the stock.

Cantaloupe Stock Performance

Shares of USAT opened at $10.55 on Friday. Cantaloupe has a one year low of $4.80 and a one year high of $12.94. The stock has a 50-day moving average price of $9.26 and a 200 day moving average price of $8.57. The company has a market capitalization of $749.88 million, a P/E ratio of -21.98 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.