Cantaloupe (NASDAQ:USAT) Coverage Initiated by Analysts at StockNews.com

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

Cantaloupe Trading Down 3.6 %

Shares of Cantaloupe stock opened at $9.05 on Tuesday. The business’s fifty day simple moving average is $8.82 and its 200 day simple moving average is $7.59. The firm has a market capitalization of $643.26 million, a P/E ratio of -18.85 and a beta of 2.25. Cantaloupe has a 12 month low of $4.80 and a 12 month 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.