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

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

Cantaloupe Price Performance

Shares of USAT opened at $10.55 on Friday. The stock has a market capitalization of $749.88 million, a price-to-earnings ratio of -21.98 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’s 50 day simple moving average is $9.28 and its 200-day simple moving average is $8.61.

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.