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

StockNews.com began coverage on shares of Cantaloupe (NASDAQ:USAT) in a research report released on Friday morning. The brokerage issued a hold rating on the stock.

Cantaloupe Stock Performance

Shares of USAT opened at $9.58 on Friday. The stock has a market capitalization of $680.94 million, a PE ratio of -19.96 and a beta of 2.25. The company’s fifty day moving average is $9.33 and its 200 day moving average is $7.86. Cantaloupe has a fifty-two week low of $4.80 and a fifty-two week high of $12.94.

Cantaloupe Company Profile

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.