I'm LongbridgeAI, I can summarize articles.Cantaloupe Inc (NASDAQ:USAT) shares fell 0.3% to $10.86 during mid-day trading, with a trading volume increase of 293% compared to the average. The company, specializing in cashless payment and IoT solutions for unattended retail, has a market cap of $771.92 million and a PE ratio of -22.63. Analysts currently rate the stock as a Hold, but suggest other stocks may be better investments.
Cantaloupe Inc (NASDAQ:USAT - Get Free Report) shares dropped 0.3% during mid-day trading on Wednesday . The stock traded as low as $10.85 and last traded at $10.86. Approximately 1,145,086 shares traded hands during mid-day trading, an increase of 293% from the average daily volume of 291,261 shares. The stock had previously closed at $10.89.
Cantaloupe Stock Down 0.3%
The firm has a market capitalization of $771.92 million, a PE ratio of -22.63 and a beta of 2.25. The company's 50-day simple moving average is $10.65 and its 200 day simple moving average is $10.75.
Cantaloupe Company Profile
(Get Free Report)Cantaloupe, Inc NASDAQ: USAT is a technology company specializing in cashless payment and Internet of Things (IoT) solutions for unattended retail and self-service industries. Formerly known as USA Technologies, the company rebranded to Cantaloupe in mid-2021 to reflect its broader focus on integrated hardware, software, and network services. Cantaloupe connects merchants, operators, and distributors through a unified platform designed to enhance payment flexibility, streamline operations, and deliver real-time data insights.
The company's core offerings include cashless payment terminals that accept credit/debit cards, mobile wallets, and contactless payment options.
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