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

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

Cantaloupe Price Performance

USAT opened at $9.39 on Tuesday. The business has a fifty day moving average price of $8.70 and a 200 day moving average price of $7.56. Cantaloupe has a 12 month low of $4.80 and a 12 month high of $12.94. The stock has a market capitalization of $667.43 million, a price-to-earnings ratio of -19.77 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.