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

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

Cantaloupe Stock Performance

Cantaloupe stock opened at $8.23 on Wednesday. The firm has a market capitalization of $584.98 million, a P/E ratio of -17.15 and a beta of 2.25. The company has a 50-day simple moving average of $9.08 and a 200-day simple moving average of $8.29. Cantaloupe has a one year low of $4.80 and a one year 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.