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

StockNews.com assumed coverage on shares of Cantaloupe (NASDAQ:USAT) in a research report issued on Monday. The firm set a “hold” rating on the stock.

Cantaloupe Price Performance

Cantaloupe stock opened at $8.53 on Monday. The firm has a 50-day moving average of $9.28 and a 200-day moving average of $8.80. Cantaloupe has a one year low of $4.80 and a one year high of $12.94. The company has a market cap of $606.30 million, a price-to-earnings ratio of -17.77 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.