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

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

Cantaloupe Stock Up 1.9 %

NASDAQ:USAT opened at $6.92 on Friday. Cantaloupe has a 12-month low of $4.80 and a 12-month high of $12.94. The stock’s fifty day simple moving average is $7.02 and its 200-day simple moving average is $6.73. The firm has a market capitalization of $491.87 million, a P/E ratio of -14.42 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.