Equities research analysts at StockNews.com started coverage on shares of Cantaloupe (NASDAQ:USAT - Get Free Report) in a research report issued on Tuesday. The brokerage set a "hold" rating on the stock.
Cantaloupe Price Performance
Shares of USAT traded up $0.04 during trading hours on Tuesday, reaching $8.15. 223,076 shares of the company's stock traded hands, compared to its average volume of 291,261. The firm has a market capitalization of $579.29 million, a price-to-earnings ratio of -16.98 and a beta of 2.25. The business's fifty day simple moving average is $9.18 and its two-hundred day simple moving average is $8.21. Cantaloupe has a twelve month low of $4.80 and a twelve month 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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