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

Investment analysts at StockNews.com initiated coverage on shares of Cantaloupe (NASDAQ:USAT) in a research note issued on Tuesday. The firm set a “hold” rating on the stock.

Cantaloupe Stock Up 0.5 %

Shares of NASDAQ USAT opened at $8.15 on Tuesday. Cantaloupe has a twelve month low of $4.80 and a twelve month high of $12.94. The firm has a market cap of $579.29 million, a PE ratio of -16.98 and a beta of 2.25. The business has a fifty day simple moving average of $9.18 and a two-hundred day simple moving average of $8.21.

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.