USA Technologies (OTCMKTS:USAT) was upgraded by equities research analysts at ValuEngine from a “sell” rating to a “hold” rating in a research note issued to investors on Tuesday, ValuEngine reports.
Separately, Zacks Investment Research cut shares of USA Technologies from a “hold” rating to a “sell” rating in a research report on Thursday, March 12th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, three have issued a buy rating and one has issued a strong buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $8.33.
OTCMKTS USAT opened at $4.70 on Tuesday. USA Technologies has a 52 week low of $3.80 and a 52 week high of $9.25. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.11 and a current ratio of 1.29. The company has a 50-day moving average price of $5.83 and a two-hundred day moving average price of $6.78.
USA Technologies (OTCMKTS:USAT) last posted its earnings results on Tuesday, February 18th. The technology company reported ($0.09) EPS for the quarter, missing the consensus estimate of ($0.02) by ($0.07). USA Technologies had a negative return on equity of 21.80% and a negative net margin of 20.14%. The firm had revenue of $44.05 million during the quarter, compared to the consensus estimate of $40.85 million. Equities research analysts expect that USA Technologies will post -0.29 earnings per share for the current fiscal year.
A number of hedge funds and other institutional investors have recently bought and sold shares of USAT. Emerald Advisers LLC boosted its holdings in shares of USA Technologies by 0.7% in the fourth quarter. Emerald Advisers LLC now owns 1,125,746 shares of the technology company’s stock valued at $8,331,000 after acquiring an additional 7,980 shares in the last quarter. P.A.W. Capital Corp boosted its holdings in shares of USA Technologies by 12.2% in the fourth quarter. P.A.W. Capital Corp now owns 550,000 shares of the technology company’s stock valued at $4,070,000 after acquiring an additional 60,000 shares in the last quarter. Barclays PLC boosted its holdings in shares of USA Technologies by 137.6% in the third quarter. Barclays PLC now owns 354,803 shares of the technology company’s stock valued at $2,601,000 after acquiring an additional 205,470 shares in the last quarter. California Public Employees Retirement System boosted its holdings in shares of USA Technologies by 14.8% in the third quarter. California Public Employees Retirement System now owns 129,800 shares of the technology company’s stock valued at $951,000 after acquiring an additional 16,700 shares in the last quarter. Finally, Selz Capital LLC bought a new position in shares of USA Technologies in the fourth quarter valued at approximately $733,000. Hedge funds and other institutional investors own 23.26% of the company’s stock.
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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