Cantaloupe (NASDAQ:USAT) Now Covered by StockNews.com

Investment analysts at StockNews.com started coverage on shares of Cantaloupe (NASDAQ:USAT – Get Rating) in a research report issued on Sunday. The firm set a “hold” rating on the stock.

Cantaloupe Stock Performance

Shares of Cantaloupe stock opened at $7.71 on Friday. The company has a fifty day moving average of $6.52 and a 200-day moving average of $5.65. Cantaloupe has a 52-week low of $4.80 and a 52-week high of $12.94. The stock has a market capitalization of $548.02 million, a price-to-earnings ratio of -16.06 and a beta of 2.25.

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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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