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

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

Cantaloupe Stock Up 1.7 %

NASDAQ:USAT opened at $8.29 on Tuesday. The stock has a fifty day simple moving average of $9.12 and a 200 day simple moving average of $8.22. The firm has a market capitalization of $589.24 million, a price-to-earnings ratio of -17.27 and a beta of 2.25. Cantaloupe has a 1-year low of $4.80 and a 1-year 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.