Research analysts at StockNews.com assumed coverage on shares of Cantaloupe (NASDAQ:USAT - Get Free Report) in a research note issued to investors on Tuesday. The brokerage set a "hold" rating on the stock.
Cantaloupe Stock Performance
Shares of NASDAQ:USAT traded down $0.07 on Tuesday, reaching $7.65. The company's stock had a trading volume of 219,644 shares, compared to its average volume of 291,261. The company has a 50-day simple moving average of $9.07 and a 200 day simple moving average of $8.82. The company has a market cap of $543.75 million, a P/E ratio of -15.94 and a beta of 2.25. Cantaloupe has a 52-week low of $4.80 and a 52-week high of $12.94.
Cantaloupe Company Profile
(
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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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