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

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

Cantaloupe Stock Down 0.6 %

NASDAQ:USAT opened at $7.78 on Tuesday. The company has a fifty day simple moving average of $7.03 and a two-hundred day simple moving average of $6.79. The company has a market cap of $552.99 million, a price-to-earnings ratio of -16.21 and a beta of 2.25. Cantaloupe has a 52 week low of $4.80 and a 52 week 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.