Cantaloupe (NASDAQ:USAT) Earns Hold Rating from Analysts at StockNews.com

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

Cantaloupe Stock Performance

USAT stock opened at $7.47 on Thursday. The firm has a market cap of $530.96 million, a P/E ratio of -15.56 and a beta of 2.25. Cantaloupe has a 1 year low of $4.80 and a 1 year high of $12.94. The stock has a 50-day simple moving average of $8.99 and a 200-day simple moving average of $8.95.

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.