Analysts at StockNews.com started coverage on shares of Cantaloupe (NASDAQ:USAT - Get Free Report) in a report released on Tuesday. The firm set a "hold" rating on the stock.
Cantaloupe Trading Up 0.7%
USAT stock traded up $0.06 during midday trading on Tuesday, reaching $8.49. The stock had a trading volume of 642,173 shares, compared to its average volume of 291,261. The company's fifty day simple moving average is $7.79 and its 200 day simple moving average is $8.81. The company has a market cap of $603.46 million, a price-to-earnings ratio of -17.69 and a beta of 2.25. Cantaloupe has a 52-week low of $4.80 and a 52-week 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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