StockNews.com started coverage on shares of Cantaloupe (NASDAQ:USAT - Free Report) in a research note released on Sunday morning. The brokerage issued a hold rating on the stock.
Cantaloupe Stock Performance
Shares of NASDAQ:USAT traded down $0.09 during midday trading on Friday, reaching $8.00. 439,825 shares of the company's stock were exchanged, compared to its average volume of 291,261. The firm has a market capitalization of $568.63 million, a PE ratio of -16.67 and a beta of 2.25. The company's 50 day simple moving average is $8.17 and its two-hundred day simple moving average is $8.89. Cantaloupe has a 12 month low of $4.80 and a 12 month high of $12.94.
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.
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