Cantaloupe (NASDAQ:USAT) Stock Price Down 0.6% – What’s Next?
by Jessica Moore · The Cerbat GemCantaloupe Inc (NASDAQ:USAT – Get Free Report)’s stock price was down 0.6% on Tuesday . The stock traded as low as $10.58 and last traded at $10.58. Approximately 405,504 shares traded hands during trading, an increase of 39% from the average daily volume of 291,261 shares. The stock had previously closed at $10.64.
Cantaloupe Stock Performance
The stock’s 50-day moving average is $10.60 and its 200 day moving average is $10.76. The stock has a market capitalization of $752.02 million, a PE ratio of -22.04 and a beta of 2.25.
About Cantaloupe
Cantaloupe, Inc (NASDAQ: USAT) is a technology company specializing in cashless payment and Internet of Things (IoT) solutions for unattended retail and self-service industries. Formerly known as USA Technologies, the company rebranded to Cantaloupe in mid-2021 to reflect its broader focus on integrated hardware, software, and network services. Cantaloupe connects merchants, operators, and distributors through a unified platform designed to enhance payment flexibility, streamline operations, and deliver real-time data insights.
The company’s core offerings include cashless payment terminals that accept credit/debit cards, mobile wallets, and contactless payment options.