Shares of USA Technologies Inc. (NASDAQ:USAT) traded up 3.8% on Wednesday . The company traded as high as $5.15 and last traded at $5.14, with a volume of 717,927 shares. The stock had previously closed at $4.95.

Separately, Zacks Investment Research downgraded shares of USA Technologies from a “buy” rating to a “hold” rating in a report on Saturday, April 23rd.

The stock’s market cap is $186.24 million. The stock has a 50 day moving average price of $4.44 and a 200 day moving average price of $4.18.

USA Technologies (NASDAQ:USAT) last issued its quarterly earnings results on Thursday, May 12th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.01 by $0.02. The company had revenue of $20.40 million for the quarter, compared to the consensus estimate of $18.19 million. On average, analysts anticipate that USA Technologies Inc. will post $0.02 EPS for the current fiscal year.

A hedge fund recently bought a new stake in USA Technologies stock. Orinda Asset Management LLC acquired a new stake in USA Technologies Inc. (NASDAQ:USAT) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 411,228 shares of the company’s stock, valued at approximately $1,267,000. USA Technologies comprises approximately 1.8% of Orinda Asset Management LLC’s holdings, making the stock its 16th largest position. Orinda Asset Management LLC owned about 1.15% of USA Technologies as of its most recent SEC filing.

USA Technologies, Inc provides technology-enabled solutions and value-added services that facilitate electronic payment transactions within the unattended point of sale 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 market segments, such as amusement, commercial laundry, kiosk and others.

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