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

StockNews.com assumed coverage on shares of Cantaloupe (NASDAQ:USAT) in a research note published on Wednesday. The firm issued a hold rating on the stock.

Cantaloupe Trading Down 0.5 %

Shares of USAT opened at $8.23 on Wednesday. Cantaloupe has a 52 week low of $4.80 and a 52 week high of $12.94. The firm has a market cap of $584.98 million, a price-to-earnings ratio of -17.15 and a beta of 2.25. The stock has a 50 day moving average of $9.08 and a 200-day moving average of $8.29.

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.