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

Equities research analysts at StockNews.com started coverage on shares of Cantaloupe (NASDAQ:USAT) in a note issued to investors on Saturday. The brokerage set a “hold” rating on the stock.

Cantaloupe Trading Down 1.5 %

NASDAQ USAT opened at $9.61 on Friday. The firm has a market capitalization of $683.07 million, a P/E ratio of -20.02 and a beta of 2.25. The firm’s fifty day moving average price is $9.38 and its two-hundred day moving average price is $7.96. Cantaloupe has a 1 year low of $4.80 and a 1 year high of $12.94.

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.