Cantaloupe (NASDAQ:USAT) Coverage Initiated at StockNews.com
by Teresa Graham · The Cerbat GemStockNews.com assumed coverage on shares of Cantaloupe (NASDAQ:USAT – Free Report) in a research report sent to investors on Monday morning. The brokerage issued a hold rating on the stock.
Cantaloupe Stock Performance
Shares of Cantaloupe stock opened at $9.00 on Monday. The company has a market capitalization of $639.71 million, a P/E ratio of -18.75 and a beta of 2.25. Cantaloupe has a 1 year low of $4.80 and a 1 year high of $12.94. The company’s fifty day moving average is $8.58 and its two-hundred day moving average is $7.49.
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.
Featured Articles
- Five stocks we like better than Cantaloupe
- Technology Stocks Explained: Here’s What to Know About Tech
- Why Palo Alto Networks’ Multi-Year Uptrend Is Far From Over
- Want to Profit on the Downtrend? Downtrends, Explained.
- 3 Rock-Solid Buying Opportunities in the Market Right Now
- How to Plot Fibonacci Price Inflection Levels
- TJX Companies Stock Poised to Hit a New High This Year