Cantaloupe (NASDAQ:USAT) Research Coverage Started at StockNews.com

StockNews.com began coverage on shares of Cantaloupe (NASDAQ:USAT) in a report issued on Tuesday. The firm issued a hold rating on the stock.

Cantaloupe Price Performance

NASDAQ USAT opened at $8.01 on Tuesday. The company has a market cap of $569.34 million, a PE ratio of -16.69 and a beta of 2.25. The stock’s 50 day simple moving average is $7.79 and its 200-day simple moving average is $8.82. Cantaloupe has a 1-year low of $4.80 and a 1-year high of $12.94.

Cantaloupe Company Profile

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.