Cantaloupe (NASDAQ:USAT) Research Coverage Started at StockNews.com

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

Cantaloupe Price Performance

USAT stock opened at $6.16 on Tuesday. The stock has a market capitalization of $437.85 million, a price-to-earnings ratio of -12.83 and a beta of 2.25. The business has a fifty day moving average price of $6.61 and a 200 day moving average price of $6.99. Cantaloupe has a fifty-two week low of $4.80 and a fifty-two 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.