StockNews.com began coverage on shares of Cantaloupe (NASDAQ:USAT - Free Report) in a report published on Saturday morning. The brokerage issued a hold rating on the stock.
Cantaloupe Price Performance
Cantaloupe stock traded down $0.14 during midday trading on Friday, hitting $7.39. The company's stock had a trading volume of 251,661 shares, compared to its average volume of 291,261. The company has a market cap of $525.27 million, a price-to-earnings ratio of -15.40 and a beta of 2.25. The company has a 50-day moving average price of $8.59 and a two-hundred day moving average price of $8.96. Cantaloupe has a 1-year low of $4.80 and a 1-year high of $12.94.
About Cantaloupe
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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.
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