StockNews.com assumed coverage on shares of Cantaloupe (NASDAQ:USAT - Free Report) in a research note released on Friday morning. The brokerage issued a hold rating on the stock.
Cantaloupe Trading Down 1.2 %
USAT traded down $0.09 during trading on Friday, reaching $7.66. 230,907 shares of the company were exchanged, compared to its average volume of 291,261. Cantaloupe has a 52 week low of $4.80 and a 52 week high of $12.94. The firm has a 50 day moving average of $8.83 and a 200 day moving average of $8.97. The stock has a market cap of $544.47 million, a P/E ratio of -15.96 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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