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

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

Cantaloupe Price Performance

NASDAQ USAT opened at $8.87 on Friday. The firm has a market capitalization of $630.47 million, a price-to-earnings ratio of -18.48 and a beta of 2.25. The company’s fifty day moving average is $8.06 and its two-hundred day moving average is $7.29. Cantaloupe has a 52-week low of $4.80 and a 52-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.