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

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

Cantaloupe Price Performance

Shares of NASDAQ USAT opened at $7.82 on Wednesday. The company has a 50-day moving average price of $9.02 and a 200-day moving average price of $8.88. The stock has a market capitalization of $555.84 million, a P/E ratio of -16.29 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.