Cantaloupe (NASDAQ:USAT) Earns Hold Rating from Analysts at StockNews.com
by Mitch Edgeman · The Markets DailyStockNews.com initiated coverage on shares of Cantaloupe (NASDAQ:USAT – Free Report) in a research report report published on Saturday. The firm issued a hold rating on the stock.
Cantaloupe Stock Performance
NASDAQ:USAT opened at $9.22 on Friday. The firm has a 50-day simple moving average of $7.87 and a 200-day simple moving average of $7.21. Cantaloupe has a one year low of $4.80 and a one year high of $12.94. The firm has a market cap of $655.35 million, a P/E ratio of -19.08 and a beta of 2.25.
About Cantaloupe
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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