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StockNews.com Initiates Coverage on Cantaloupe (NASDAQ:USAT)

Cantaloupe logo with Manufacturing background

Stock analysts at StockNews.com began coverage on shares of Cantaloupe (NASDAQ:USAT - Get Free Report) in a research note issued on Saturday. The firm set a "hold" rating on the stock.

Cantaloupe Price Performance

USAT traded down $0.20 during trading on Friday, hitting $10.35. The company had a trading volume of 606,419 shares, compared to its average volume of 291,261. The company has a market cap of $735.67 million, a PE ratio of -21.56 and a beta of 2.25. Cantaloupe has a 1-year low of $4.80 and a 1-year high of $12.94. The business has a 50-day moving average of $9.29 and a 200-day moving average of $8.64.

About Cantaloupe

(Get Free Report)

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.

Further Reading

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