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

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

Cantaloupe Price Performance

NASDAQ:USAT opened at $9.61 on Friday. The company has a market cap of $683.07 million, a P/E ratio of -20.02 and a beta of 2.25. Cantaloupe has a 1 year low of $4.80 and a 1 year high of $12.94. The stock’s fifty day moving average price is $9.38 and its two-hundred day moving average price is $7.96.

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.