StockNews.com began coverage on shares of Cantaloupe (NASDAQ:USAT - Get Free Report) in a report released on Wednesday. The firm set a "hold" rating on the stock.
Cantaloupe Stock Performance
Shares of NASDAQ:USAT traded down $0.25 during midday trading on Wednesday, reaching $7.57. 293,416 shares of the company's stock traded hands, compared to its average volume of 291,261. The company has a fifty day simple moving average of $9.02 and a two-hundred day simple moving average of $8.89. Cantaloupe has a 1 year low of $4.80 and a 1 year high of $12.94. The company has a market cap of $538.07 million, a P/E ratio of -15.77 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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