Cantaloupe Inc (NASDAQ:USAT – Get Free Report) fell 0.3% during mid-day trading on Wednesday . The stock traded as low as $10.85 and last traded at $10.86. 1,145,086 shares were traded during mid-day trading, an increase of 293% from the average session volume of 291,261 shares. The stock had previously closed at $10.89.
Cantaloupe Stock Performance
The stock has a market cap of $771.92 million, a PE ratio of -22.63 and a beta of 2.25. The firm has a fifty day moving average price of $10.65 and a 200 day moving average price of $10.75.
About Cantaloupe
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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