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

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

Cantaloupe Trading Down 0.2 %

NASDAQ:USAT traded down $0.01 during trading hours on Thursday, hitting $5.93. The stock had a trading volume of 212,292 shares, compared to its average volume of 291,261. Cantaloupe has a 1-year low of $4.80 and a 1-year high of $12.94. The business has a 50 day simple moving average of $6.37 and a two-hundred day simple moving average of $6.91. The company has a market cap of $421.50 million, a PE ratio of -12.35 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.