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

StockNews.com started coverage on shares of Cantaloupe (NASDAQ:USAT) in a research report sent to investors on Tuesday morning. The brokerage issued a hold rating on the stock.

Cantaloupe Trading Up 1.4 %

NASDAQ USAT opened at $7.72 on Tuesday. The stock has a market cap of $548.73 million, a P/E ratio of -16.08 and a beta of 2.25. The company’s fifty day simple moving average is $9.07 and its 200-day simple moving average is $8.82. Cantaloupe has a 52 week low of $4.80 and a 52 week high of $12.94.

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.