Cantaloupe (NASDAQ:USAT) Earns Hold Rating from Analysts at StockNews.com

StockNews.com started coverage on shares of Cantaloupe (NASDAQ:USAT) in a research report released on Sunday. The brokerage issued a hold rating on the stock.

Cantaloupe Trading Up 1.0 %

Shares of USAT opened at $9.42 on Friday. The stock’s 50-day moving average price is $9.44 and its two-hundred day moving average price is $8.09. Cantaloupe has a 12 month low of $4.80 and a 12 month high of $12.94. The company has a market capitalization of $669.56 million, a PE ratio of -19.63 and a beta of 2.25.

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.