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

Investment analysts at StockNews.com started coverage on shares of Cantaloupe (NASDAQ:USAT) in a research report issued to clients and investors on Tuesday. The firm set a “hold” rating on the stock.

Cantaloupe Stock Down 0.5 %

Cantaloupe stock opened at $7.83 on Tuesday. The stock has a 50-day simple moving average of $7.02 and a 200 day simple moving average of $6.78. Cantaloupe has a 12-month low of $4.80 and a 12-month high of $12.94. The stock has a market capitalization of $556.55 million, a price-to-earnings ratio of -16.31 and a beta of 2.25.

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.