Cantaloupe (NASDAQ:USAT) Now Covered by StockNews.com

Research analysts at StockNews.com assumed coverage on shares of Cantaloupe (NASDAQ:USAT) in a research report issued on Wednesday. The brokerage set a “hold” rating on the stock.

Cantaloupe Trading Down 3.3 %

USAT opened at $5.88 on Wednesday. The stock has a market cap of $417.94 million, a PE ratio of -12.25 and a beta of 2.25. Cantaloupe has a 1 year low of $4.80 and a 1 year high of $12.94. The stock’s 50 day simple moving average is $6.46 and its 200-day simple moving average is $6.96.

About Cantaloupe

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.