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

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

Cantaloupe Stock Performance

USAT opened at $6.55 on Wednesday. Cantaloupe has a fifty-two week low of $4.80 and a fifty-two week high of $12.94. The firm’s fifty day moving average is $7.64 and its 200 day moving average is $6.82. The stock has a market cap of $465.57 million, a price-to-earnings ratio of -13.65 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.