StockNews.com Begins Coverage on Cantaloupe (NASDAQ:USAT)

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

Cantaloupe Stock Performance

NASDAQ:USAT opened at $9.05 on Tuesday. The stock has a market cap of $643.26 million, a price-to-earnings ratio of -19.56 and a beta of 2.25. Cantaloupe has a 1 year low of $4.80 and a 1 year high of $12.94. The business has a fifty day moving average of $8.76 and a 200-day moving average of $7.58.

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.