StockNews.com began coverage on shares of Cantaloupe (NASDAQ:USAT - Free Report) in a research report report published on Wednesday. The brokerage issued a hold rating on the stock.
Cantaloupe Stock Down 0.5 %
Shares of USAT stock traded down $0.04 during trading hours on Wednesday, reaching $8.23. 214,726 shares of the stock traded hands, compared to its average volume of 291,261. The firm has a market capitalization of $584.98 million, a PE ratio of -17.15 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 fifty day moving average price of $9.08 and a 200 day moving average price of $8.29.
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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