Cantaloupe (NASDAQ:USAT) Research Coverage Started at StockNews.com

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

Cantaloupe Price Performance

Shares of USAT stock opened at $6.23 on Wednesday. Cantaloupe has a 12-month low of $4.80 and a 12-month high of $12.94. The firm has a market capitalization of $442.82 million, a price-to-earnings ratio of -12.98 and a beta of 2.25. The business has a 50 day simple moving average of $6.48 and a 200 day simple moving average of $6.98.

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.