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Cantaloupe (NASDAQ:USAT) Stock Price Up 0.3% - Here's What Happened

Cantaloupe logo with Manufacturing background

Key Points

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Cantaloupe Inc (NASDAQ:USAT - Get Free Report)'s share price traded up 0.3% during trading on Monday . The company traded as high as $10.93 and last traded at $10.92. 3,371,724 shares were traded during mid-day trading, an increase of 1,058% from the average session volume of 291,261 shares. The stock had previously closed at $10.89.

Wall Street Analyst Weigh In

Separately, Wall Street Zen assumed coverage on shares of Cantaloupe in a report on Wednesday, May 21st. They issued a "hold" rating for the company.

Check Out Our Latest Analysis on Cantaloupe

Cantaloupe Price Performance

The firm has a market capitalization of $772.63 million, a P/E ratio of -22.65 and a beta of 2.25. The stock's fifty day simple moving average is $10.96 and its 200 day simple moving average is $9.41.

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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