USA Technologies (OTCMKTS:USAT) Receives New Coverage from Analysts at Barrington Research
Barrington Research assumed coverage on shares of USA Technologies (OTCMKTS:USAT) in a report released on Friday, The Fly reports. The brokerage issued an outperform rating and a $11.00 target price on the technology company’s stock.
USAT has been the subject of several other research reports. Northland Securities reissued a hold rating and set a $10.00 price target on shares of USA Technologies in a research report on Thursday, June 25th. ValuEngine raised USA Technologies from a hold rating to a buy rating in a research report on Friday, April 24th. Finally, Zacks Investment Research raised USA Technologies from a hold rating to a buy rating and set a $7.00 price target for the company in a research report on Thursday, June 11th. One investment analyst has rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. USA Technologies has an average rating of Buy and an average target price of $9.40.
Shares of USAT stock opened at $7.30 on Friday. The stock has a fifty day moving average price of $6.10 and a 200 day moving average price of $6.26. USA Technologies has a 1 year low of $3.80 and a 1 year high of $9.25. The company has a quick ratio of 1.11, a current ratio of 1.29 and a debt-to-equity ratio of 0.15.
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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