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

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

Cantaloupe Stock Performance

Cantaloupe stock opened at $7.53 on Friday. The company’s fifty day moving average price is $8.66 and its 200 day moving average price is $8.97. The stock has a market capitalization of $535.22 million, a P/E ratio of -15.69 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.