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

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

Cantaloupe Trading Down 2.3 %

Shares of USAT opened at $9.82 on Friday. The firm’s 50-day moving average is $9.32 and its two-hundred day moving average is $8.72. Cantaloupe has a twelve month low of $4.80 and a twelve month high of $12.94. The firm has a market capitalization of $698.00 million, a P/E ratio of -20.46 and a beta of 2.25.

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.