StockNews.com assumed coverage on shares of Cantaloupe (NASDAQ:USAT - Free Report) in a research note issued to investors on Sunday morning. The brokerage issued a hold rating on the stock.
Cantaloupe Price Performance
USAT stock traded up $0.02 during trading on Friday, reaching $7.88. 408,756 shares of the company were exchanged, compared to its average volume of 291,261. Cantaloupe has a twelve month low of $4.80 and a twelve month high of $12.94. The company has a market capitalization of $560.10 million, a price-to-earnings ratio of -16.42 and a beta of 2.25. The company has a 50-day moving average of $8.34 and a two-hundred day moving average of $8.92.
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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