Cantaloupe (NASDAQ:USAT) Earns Hold Rating from Analysts at StockNews.com

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

Cantaloupe Stock Down 3.6 %

Shares of NASDAQ:USAT opened at $9.05 on Tuesday. The stock has a market cap of $643.26 million, a price-to-earnings ratio of -18.85 and a beta of 2.25. Cantaloupe has a 12-month low of $4.80 and a 12-month high of $12.94. The business’s 50 day moving average is $8.82 and its 200 day moving average is $7.59.

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.