Research analysts at StockNews.com began coverage on shares of Cantaloupe (NASDAQ:USAT - Get Free Report) in a research note issued to investors on Thursday. The firm set a "hold" rating on the stock.
Cantaloupe Stock Performance
Shares of Cantaloupe stock traded down $0.16 on Thursday, hitting $7.47. 677,072 shares of the company's stock were exchanged, 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 company has a 50-day simple moving average of $8.97 and a 200-day simple moving average of $8.97. The stock has a market capitalization of $530.96 million, a PE ratio of -15.56 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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