Cantaloupe (NASDAQ:USAT) Now Covered by StockNews.com

Equities researchers at StockNews.com initiated coverage on shares of Cantaloupe (NASDAQ:USAT – Get Rating) in a research report issued on Wednesday. The firm set a “hold” rating on the stock.

Cantaloupe Stock Performance

NASDAQ:USAT opened at $6.53 on Wednesday. The firm has a market cap of $464.15 million, a price-to-earnings ratio of -13.60 and a beta of 2.25. Cantaloupe has a 52 week low of $4.80 and a 52 week high of $12.94. The firm has a 50-day moving average price of $5.86 and a two-hundred day moving average price of $5.09.

Cantaloupe Company Profile

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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.