Barrington Research reaffirmed their buy rating on shares of USA Technologies (OTCMKTS:USAT) in a research note released on Sunday morning, AnalystRatings.com reports. They currently have a $11.00 price objective on the technology company’s stock.
Several other research analysts also recently weighed in on the company. ValuEngine upgraded USA Technologies from a hold rating to a buy rating in a report on Friday, April 24th. Northland Securities reiterated a hold rating and issued a $10.00 price target on shares of USA Technologies in a report on Thursday, June 25th. Finally, Zacks Investment Research upgraded USA Technologies from a hold rating to a buy rating and set a $7.00 price target for the company in a report on Thursday, June 11th. One research analyst has rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. USA Technologies currently has a consensus rating of Buy and an average price target of $9.40.
Shares of OTCMKTS:USAT opened at $7.13 on Friday. The business’s 50 day simple moving average is $6.31 and its 200-day simple moving average is $6.22. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.18 and a quick ratio of 1.01. USA Technologies has a 12 month low of $3.80 and a 12 month high of $9.25.
USA Technologies Company Profile
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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