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

Research analysts at StockNews.com initiated coverage on shares of Cantaloupe (NASDAQ:USATGet Free Report) in a report issued on Monday. The firm set a “hold” rating on the stock.

Cantaloupe Price Performance

NASDAQ:USAT opened at $8.12 on Monday. The company has a market capitalization of $577.16 million, a price-to-earnings ratio of -16.92 and a beta of 2.25. The business has a 50 day moving average of $8.03 and a 200 day moving average of $8.87. Cantaloupe has a 1-year low of $4.80 and a 1-year high of $12.94.

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.

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