Stock analysts at StockNews.com initiated coverage on shares of Cantaloupe (NASDAQ:USAT - Get Free Report) in a research report issued to clients and investors on Monday. The brokerage set a "hold" rating on the stock.
Cantaloupe Trading Down 0.4 %
Shares of NASDAQ USAT traded down $0.04 during midday trading on Monday, reaching $9.16. The company's stock had a trading volume of 351,201 shares, compared to its average volume of 291,261. The stock has a 50 day simple moving average of $9.31 and a 200-day simple moving average of $8.79. Cantaloupe has a fifty-two week low of $4.80 and a fifty-two week high of $12.94. The stock has a market capitalization of $651.08 million, a price-to-earnings ratio of -19.08 and a beta of 2.25.
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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