Cantaloupe (NASDAQ:USAT) Coverage Initiated by Analysts at StockNews.com

Investment analysts at StockNews.com began coverage on shares of Cantaloupe (NASDAQ:USAT) in a report issued on Sunday. The brokerage set a “hold” rating on the stock.

Cantaloupe Price Performance

Shares of USAT opened at $6.35 on Friday. Cantaloupe has a one year low of $4.80 and a one year high of $12.94. The firm has a market capitalization of $451.35 million, a P/E ratio of -13.23 and a beta of 2.25. The business has a fifty day moving average of $6.98 and a 200 day moving average of $6.73.

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.