Cantaloupe (NASDAQ:USAT) Research Coverage Started at StockNews.com

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

Cantaloupe Trading Up 2.0 %

Shares of NASDAQ USAT opened at $8.49 on Wednesday. The company has a 50 day simple moving average of $9.05 and a two-hundred day simple moving average of $8.30. The stock has a market cap of $603.46 million, a price-to-earnings ratio of -17.69 and a beta of 2.25. Cantaloupe has a 12 month low of $4.80 and a 12 month 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.