USA Technologies, Inc. (NASDAQ:USAT) Director Albin F. Moschner sold 20,000 shares of the stock in a transaction that occurred on Friday, November 17th. The stock was sold at an average price of $8.25, for a total transaction of $165,000.00. Following the completion of the sale, the director now owns 422,926 shares in the company, valued at $3,489,139.50. The transaction was disclosed in a filing with the SEC, which is available through this link.

USA Technologies, Inc. (NASDAQ USAT) traded up $0.35 during midday trading on Tuesday, reaching $8.70. 1,204,184 shares of the company’s stock traded hands, compared to its average volume of 305,512. USA Technologies, Inc. has a fifty-two week low of $3.80 and a fifty-two week high of $8.80. The company has a quick ratio of 2.38, a current ratio of 2.67 and a debt-to-equity ratio of 0.01. The stock has a market cap of $466.49, a PE ratio of 422.50 and a beta of 0.87.

USA Technologies (NASDAQ:USAT) last posted its quarterly earnings data on Wednesday, November 8th. The technology company reported $0.00 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.01) by $0.01. The firm had revenue of $25.62 million for the quarter, compared to analysts’ expectations of $25.87 million. USA Technologies had a net margin of 0.37% and a return on equity of 1.20%. analysts forecast that USA Technologies, Inc. will post 0.07 EPS for the current fiscal year.

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USAT has been the topic of several recent analyst reports. ValuEngine upgraded shares of USA Technologies from a “sell” rating to a “hold” rating in a research note on Thursday, July 27th. Zacks Investment Research cut shares of USA Technologies from a “hold” rating to a “sell” rating in a research note on Wednesday, August 2nd. BidaskClub cut shares of USA Technologies from a “buy” rating to a “hold” rating in a research note on Saturday, August 12th. William Blair initiated coverage on shares of USA Technologies in a research note on Thursday, August 24th. They issued an “outperform” rating on the stock. Finally, Northland Securities reiterated a “buy” rating and issued a $7.25 target price on shares of USA Technologies in a research note on Tuesday, September 5th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $7.50.

Institutional investors have recently bought and sold shares of the company. Prudential Financial Inc. purchased a new stake in shares of USA Technologies during the 3rd quarter valued at $121,000. Alliancebernstein L.P. purchased a new stake in shares of USA Technologies during the 2nd quarter valued at $130,000. New York State Common Retirement Fund raised its position in shares of USA Technologies by 75.7% during the 2nd quarter. New York State Common Retirement Fund now owns 29,700 shares of the technology company’s stock valued at $154,000 after buying an additional 12,799 shares in the last quarter. Archon Capital Management LLC purchased a new stake in shares of USA Technologies during the 3rd quarter valued at $188,000. Finally, The Manufacturers Life Insurance Company raised its position in shares of USA Technologies by 17.8% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 34,782 shares of the technology company’s stock valued at $181,000 after buying an additional 5,263 shares in the last quarter. Hedge funds and other institutional investors own 43.06% of the company’s stock.

About USA Technologies

USA Technologies, Inc provides technology-enabled solutions and value-added services that facilitate electronic payment transactions within the unattended point of sale (POS) market. The Company is a provider in the small ticket, beverage and food vending industry and is also engaged in offering solutions and services to other unattended market segments, such as amusement, commercial laundry, kiosk and others.

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