USA Technologies (NASDAQ:USAT) was downgraded by analysts at BidaskClub from a “strong-buy” rating to a “buy” rating in a research report issued to clients and investors on Wednesday, June 26th, BidAskClub reports.
Several other equities analysts have also recently issued reports on the stock. Zacks Investment Research cut shares of Zynex from a “hold” rating to a “sell” rating in a research note on Saturday, May 4th. Lake Street Capital upped their price objective on shares of USA Technologies from $4.50 to $7.00 and gave the stock a “hold” rating in a research report on Thursday, June 6th. Five equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. USA Technologies currently has an average rating of “Hold” and a consensus price target of $8.00.
Shares of USAT stock traded down $0.04 during trading hours on Wednesday, hitting $6.67. The company’s stock had a trading volume of 1,078,242 shares, compared to its average volume of 1,377,208. The stock has a 50 day simple moving average of $7.31. USA Technologies has a 12-month low of $3.19 and a 12-month high of $16.83.
About USA Technologies
USA Technologies, Inc provides wireless networking, cashless transactions, asset monitoring, and other value-added services in the United States and internationally. It designs and markets systems and solutions that facilitate electronic payment options, as well as telemetry and machine-to-machine (M2M) services.
Featured Article: Dividend
Receive News & Ratings for USA Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for USA Technologies and related companies with MarketBeat.com's FREE daily email newsletter.