USA Technologies, Inc. (NASDAQ:USAT) has earned an average recommendation of “Hold” from the seven brokerages that are currently covering the company, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $6.58.
USAT has been the topic of a number of recent research reports. Lake Street Capital reissued a “buy” rating on shares of USA Technologies in a report on Tuesday, January 15th. Craig Hallum dropped their price objective on USA Technologies from $16.00 to $11.00 and set a “buy” rating on the stock in a report on Tuesday, January 15th. Zacks Investment Research raised USA Technologies from a “hold” rating to a “buy” rating and set a $4.25 price target on the stock in a report on Tuesday, January 1st. ValuEngine raised USA Technologies from a “sell” rating to a “hold” rating in a report on Tuesday, November 27th. Finally, BidaskClub raised USA Technologies from a “sell” rating to a “hold” rating in a report on Thursday, November 22nd.
USAT traded up $0.06 during trading on Friday, reaching $3.95. 1,109,705 shares of the company were exchanged, compared to its average volume of 2,219,208. The stock has a market capitalization of $233.40 million, a price-to-earnings ratio of 59.14 and a beta of 1.75. USA Technologies has a 12-month low of $3.19 and a 12-month high of $16.83.
About USA Technologies
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.
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