Shares of USA Technologies, Inc. (NASDAQ:USAT) have been given an average rating of “Buy” by the six research firms that are presently covering the stock, MarketBeat.com reports. Three research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $15.50.
USAT has been the subject of several research reports. Zacks Investment Research cut shares of USA Technologies from a “buy” rating to a “hold” rating in a research note on Thursday. ValuEngine cut shares of USA Technologies from a “strong-buy” rating to a “buy” rating in a research note on Friday, September 28th. Finally, BidaskClub cut shares of USA Technologies from a “buy” rating to a “hold” rating in a research note on Thursday, August 23rd.
Shares of NASDAQ USAT traded down $0.26 during mid-day trading on Friday, hitting $5.58. The company had a trading volume of 752,000 shares, compared to its average volume of 756,115. 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 has a 12 month low of $5.32 and a 12 month high of $16.83. The stock has a market cap of $354.01 million, a PE ratio of 84.29 and a beta of 0.93.
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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