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

StockNews.com assumed coverage on shares of Cantaloupe (NASDAQ:USAT) in a research note released on Saturday. The brokerage issued a hold rating on the stock.

Cantaloupe Stock Down 1.5 %

NASDAQ:USAT opened at $9.61 on Friday. The firm has a market capitalization of $683.07 million, a price-to-earnings ratio of -20.02 and a beta of 2.25. The stock’s 50 day moving average price is $9.38 and its two-hundred day moving average price is $7.95. 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.