Cantaloupe (NASDAQ:USAT) Now Covered by Analysts at StockNews.com

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

Cantaloupe Trading Up 0.6 %

Shares of Cantaloupe stock opened at $6.39 on Friday. The company has a 50-day moving average of $6.98 and a two-hundred day moving average of $6.73. Cantaloupe has a 12-month low of $4.80 and a 12-month high of $12.94. The stock has a market cap of $454.19 million, a PE ratio of -13.31 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.