USA Technologies (USAT) Shares Gap Down to $9.70
Shares of USA Technologies, Inc. (NASDAQ:USAT) gapped down prior to trading on Wednesday . The stock had previously closed at $9.40, but opened at $9.70. USA Technologies shares last traded at $10.15, with a volume of 89546 shares changing hands.
A number of analysts have issued reports on the stock. BidaskClub raised shares of USA Technologies from a “hold” rating to a “buy” rating in a report on Thursday, August 30th. Zacks Investment Research raised shares of USA Technologies from a “sell” rating to a “hold” rating in a report on Friday, August 3rd. Finally, Lake Street Capital reissued a “buy” rating and issued a $17.00 price objective on shares of USA Technologies in a report on Wednesday, June 13th. One investment analyst has rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. USA Technologies has an average rating of “Buy” and a consensus target price of $13.67.
The stock has a market cap of $552.01 million, a P/E ratio of -545.00 and a beta of 0.59. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.08 and a current ratio of 1.34.
USA Technologies Company Profile (NASDAQ:USAT)
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.
Featured Article: Marijuana Stocks Investing Considerations
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.