Research analysts at StockNews.com assumed coverage on shares of Cantaloupe (NASDAQ:USAT - Get Free Report) in a research note issued on Wednesday. The firm set a "hold" rating on the stock.
Cantaloupe Trading Down 2.4%
USAT stock opened at $8.29 on Wednesday. The company's 50 day moving average is $7.80 and its 200 day moving average is $8.81. The stock has a market cap of $589.24 million, a price-to-earnings ratio of -17.27 and a beta of 2.25. Cantaloupe has a 1-year low of $4.80 and a 1-year high of $12.94.
About Cantaloupe
(
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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.
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