Cantaloupe (NASDAQ:USAT) Coverage Initiated at StockNews.com

by · The Markets Daily

Research analysts at StockNews.com assumed coverage on shares of Cantaloupe (NASDAQ:USAT – Get Free Report) in a research note issued on Sunday. The brokerage set a “hold” rating on the stock.

Cantaloupe Stock Up 1.0 %

Shares of NASDAQ:USAT opened at $9.42 on Friday. The business’s 50 day moving average is $9.42 and its 200 day moving average is $8.07. Cantaloupe has a 12-month low of $4.80 and a 12-month high of $12.94. The stock has a market cap of $669.56 million, a price-to-earnings ratio of -19.63 and a beta of 2.25.

About Cantaloupe

(Get Free Report)

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.

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