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

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

Cantaloupe Price Performance

NASDAQ:USAT opened at $9.25 on Thursday. The company’s 50-day moving average is $9.27 and its two-hundred day moving average is $7.76. Cantaloupe has a 1-year low of $4.80 and a 1-year high of $12.94. The firm has a market capitalization of $657.48 million, a price-to-earnings ratio of -19.27 and a beta of 2.25.

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.