Shares of USA Technologies, Inc. (NASDAQ:USAT) reached a new 52-week low on Friday . The stock traded as low as $5.32 and last traded at $5.47, with a volume of 27313 shares changing hands. The stock had previously closed at $5.75.
USAT has been the topic of several research reports. BidaskClub upgraded shares of USA Technologies from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, July 17th. Zacks Investment Research upgraded shares of USA Technologies from a “sell” rating to a “hold” rating in a research report on Friday, July 27th. Finally, ValuEngine cut shares of USA Technologies from a “strong-buy” rating to a “buy” rating in a research report on Friday, September 28th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the stock. The company has an average rating of “Buy” and an average price target of $12.92.
The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.08 and a current ratio of 1.34. The stock has a market cap of $329.41 million, a price-to-earnings ratio of 78.43 and a beta of 0.75.
About USA Technologies (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.
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