USA Technologies (USAT) Upgraded to Hold at ValuEngine
ValuEngine upgraded shares of USA Technologies (NASDAQ:USAT) from a sell rating to a hold rating in a research report released on Wednesday.
A number of other research analysts also recently commented on USAT. Zacks Investment Research downgraded shares of USA Technologies from a buy rating to a hold rating in a research note on Thursday, November 8th. BidaskClub downgraded shares of USA Technologies from a hold rating to a sell rating in a research note on Tuesday, November 13th. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock currently has a consensus rating of Buy and a consensus price target of $12.92.
NASDAQ USAT traded up $0.17 during trading hours on Wednesday, reaching $5.12. 1,366,554 shares of the company traded hands, compared to its average volume of 862,820. USA Technologies has a 12 month low of $4.64 and a 12 month high of $16.83. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.34 and a quick ratio of 1.08. The company has a market capitalization of $297.01 million, a price-to-earnings ratio of 70.71 and a beta of 0.93.
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.
Featured Story: Technical Analysis of Stocks and What It Means
To view ValuEngine’s full report, visit ValuEngine’s official website.
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.