Cantaloupe (NASDAQ:USAT) earns a hold rating from analysts at StockNews.com

Research analysts at StockNews.com initiated coverage on the stock Cantalup (NASDAQ:USAT – Get Free Report) in a note to investors on Monday. The firm set a “hold” rating on the stock.

Cantaloupe price performance

USAT opened at $12.16 on Monday. The firm has a fifty day moving average price of $6.98 and a 200 day moving average price of $6.72. The stock has a market cap of $864.32 million, a P/E ratio of -25.33 and a beta of 2.25. Cantaloupe has a 1 year low of $4.80 and a 1 year high of $12.94.

Cantaloupe Company Profile

(Get a free report)

Cantaloupe, Inc is a software and payments company, committed to providing end-to-end technology solutions for the unattended retail market. It provides Internet of Things (IoT) and machine-to-machine (M2M) services, which include the ability to remotely monitor, control and report the results of distributed assets containing electronic payment solutions.

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