Cantaloupe (NASDAQ:USAT) Receives New Coverage from Analysts at StockNews.com

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

Cantaloupe Trading Down 2.2 %

NASDAQ USAT opened at $8.90 on Friday. The business’s 50 day moving average is $7.56 and its two-hundred day moving average is $7.10. Cantaloupe has a 12-month low of $4.80 and a 12-month high of $12.94. The stock has a market capitalization of $632.60 million, a price-to-earnings ratio of -18.54 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.