USA Technologies, Inc. (USAT) Receives Average Rating of “Hold” from Brokerages
Shares of USA Technologies, Inc. (NASDAQ:USAT) have received an average recommendation of “Hold” from the six brokerages that are covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating on the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $15.50.
Several equities analysts have recently weighed in on USAT shares. BidaskClub upgraded shares of USA Technologies from a “hold” rating to a “buy” rating in a research note on Thursday, August 30th. Zacks Investment Research upgraded shares of USA Technologies from a “hold” rating to a “buy” rating and set a $7.75 target price for the company in a research note on Friday, October 12th. Finally, ValuEngine downgraded shares of USA Technologies from a “strong-buy” rating to a “buy” rating in a research note on Friday, September 28th.
Shares of USAT traded down $0.06 during trading hours on Wednesday, hitting $4.73. The company’s stock had a trading volume of 911,696 shares, compared to its average volume of 781,095. The company has a market capitalization of $298.20 million, a price-to-earnings ratio of 68.43 and a beta of 0.93. The company has a quick ratio of 1.08, a current ratio of 1.34 and a debt-to-equity ratio of 0.29. USA Technologies has a 52-week low of $4.64 and a 52-week high of $16.83.
USA Technologies Company Profile
USA Technologies, Inc provides wireless networking, cashless transactions, asset monitoring, and other value-added services in the United States and internationally. It designs and markets systems and solutions that facilitate electronic payment options, as well as telemetry and machine-to-machine (M2M) services.
See Also: Asset Allocation and Your Retirement
Receive News & Ratings for USA Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for USA Technologies and related companies with MarketBeat.com's FREE daily email newsletter.