USA Technologies, Inc. (NASDAQ:USAT)’s share price reached a new 52-week low during trading on Thursday . The stock traded as low as $4.48 and last traded at $4.35, with a volume of 124621 shares changing hands. The stock had previously closed at $4.73.
USAT has been the topic of several recent research reports. BidaskClub upgraded USA Technologies from a “hold” rating to a “buy” rating in a research report on Thursday, August 30th. Zacks Investment Research upgraded USA Technologies from a “hold” rating to a “buy” rating and set a $7.75 target price on the stock in a research report on Friday, October 12th. Finally, ValuEngine downgraded USA Technologies from a “strong-buy” rating to a “buy” rating in a research report on Friday, September 28th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of $12.92.
The stock has a market capitalization of $264.00 million, a PE ratio of 62.86 and a beta of 0.93. The company has a quick ratio of 1.08, a current ratio of 1.34 and a debt-to-equity ratio of 0.29.
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About USA Technologies (NASDAQ:USAT)
USA Technologies, Inc provides wireless networking, cashless transactions, asset monitoring, and other value-added services in the United States and internationally. It designs and markets systems and solutions that facilitate electronic payment options, as well as telemetry and machine-to-machine (M2M) services.
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