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

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

Cantaloupe Stock Down 0.4 %

Shares of NASDAQ USAT opened at $6.77 on Wednesday. Cantaloupe has a 52 week low of $4.80 and a 52 week high of $12.94. The firm’s fifty day moving average is $6.78 and its 200 day moving average is $7.05. The company has a market cap of $481.20 million, a price-to-earnings ratio of -14.10 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.