Cantaloupe (NASDAQ:USAT) Earns Hold Rating from Analysts at StockNews.com

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

Cantaloupe Trading Down 1.9 %

NASDAQ USAT opened at $9.34 on Thursday. The stock has a fifty day simple moving average of $9.21 and a 200-day simple moving average of $7.77. The stock has a market cap of $663.88 million, a PE ratio of -19.46 and a beta of 2.25. Cantaloupe has a twelve month low of $4.80 and a twelve month 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.