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

StockNews.com started coverage on shares of Cantaloupe (NASDAQ:USAT) in a research report report published on Friday. The brokerage issued a hold rating on the stock.

Cantaloupe Stock Up 3.1 %

Shares of NASDAQ USAT opened at $11.07 on Friday. The firm has a market cap of $786.84 million, a PE ratio of -23.06 and a beta of 2.25. Cantaloupe has a 12-month low of $4.80 and a 12-month high of $12.94. The company’s fifty day simple moving average is $9.10 and its 200 day simple moving average is $8.44.

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.