Cantaloupe (NASDAQ:USAT) Research Coverage Started at StockNews.com

StockNews.com started coverage on shares of Cantaloupe (NASDAQ:USAT) in a research note published on Monday morning. The brokerage issued a hold rating on the stock.

Cantaloupe Price Performance

Cantaloupe stock opened at $7.14 on Monday. The stock has a market cap of $507.50 million, a PE ratio of -14.88 and a beta of 2.25. The stock’s fifty day moving average is $6.99 and its two-hundred day moving average is $6.74. Cantaloupe has a 1-year low of $4.80 and a 1-year high of $12.94.

About Cantaloupe

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.