Cantaloupe (NASDAQ:USAT) Now Covered by StockNews.com

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

Cantaloupe Stock Down 3.4 %

Shares of NASDAQ:USAT opened at $10.55 on Friday. The business has a 50-day moving average price of $9.28 and a 200-day moving average price of $8.61. The stock has a market cap of $749.88 million, a price-to-earnings ratio of -21.98 and a beta of 2.25. Cantaloupe has a 52-week low of $4.80 and a 52-week high of $12.94.

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.