In a report released today, Michael Latimore from Northland Securities maintained a Hold rating on USA Technologies (USAT). The company’s shares closed last Monday at $4.99.
According to TipRanks.com, Latimore is a 5-star analyst with an average return of 9.0% and a 51.8% success rate. Latimore covers the Technology sector, focusing on stocks such as Super League Gaming Inc, The Meet Group Inc, and Brightcove Inc.
The word on The Street in general, suggests a Hold analyst consensus rating for USA Technologies.
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The company has a one-year high of $9.05 and a one-year low of $3.19. Currently, USA Technologies has an average volume of 837.5K.
Based on the recent corporate insider activity of 6 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of USAT in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
USA Technologies, Inc. is a payment technology company, which engages in the provision of technology-enabled solutions and value-added services that facilitate electronic payment transactions. It offers Internet of Things (IoT) and machine-to-machine (M2M) services, which include the ability to remotely monitor, control, and report on the results of distributed assets containing the electronic payment solutions. The company was founded by George Raymond Jensen Jr. in January 1992 and is headquartered in Malvern, PA.
