Cantaloupe (NASDAQ:USAT) Coverage Initiated by Analysts at StockNews.com

Equities researchers at StockNews.com initiated coverage on shares of Cantaloupe (NASDAQ:USAT) in a research report issued on Monday. The firm set a “hold” rating on the stock.

Cantaloupe Stock Performance

USAT stock opened at $8.95 on Monday. Cantaloupe has a one year low of $4.80 and a one year high of $12.94. The firm’s fifty day moving average is $8.47 and its 200 day moving average is $7.47. The firm has a market cap of $636.16 million, a PE ratio of -18.65 and a beta of 2.25.

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.