Currently, there are 73.04M common shares owned by the public and among those 66.00M shares have been available to trade.
The company’s stock has a 5-day price change of 17.04% and 40.90% over the past three months. CTLP shares are trading 15.56% year to date (YTD), with the 12-month market performance up to 54.79% higher. It has a 12-month low price of $5.82 and touched a high of $11.36 over the same period. CTLP has an average intraday trading volume of 614.88K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 22.80%, 32.67%, and 28.79% respectively.
Institutional ownership of Cantaloupe Inc (NASDAQ: CTLP) shares accounts for 75.88% of the company’s 73.04M shares outstanding.
It has a market capitalization of $802.92M and a beta (3y monthly) value of 1.09. The stock’s trailing 12-month PE ratio is 13.83, while the earnings-per-share (ttm) stands at $0.79. The company has a PEG of 0.23 and a Quick Ratio of 1.21 with the debt-to-equity ratio at 0.20. Price movements for the stock have been influenced by the stock’s volatility, which stands at 7.94% over the week and 4.50% over the month.
Earnings per share for the fiscal year are expected to increase by 481.67%, and -47.85% over the next financial year.
The Benchmark Company coverage for the Cantaloupe Inc (CTLP) stock in a research note released on February 23, 2024 offered a Buy rating with a price target of $10. Berenberg was of a view on October 03, 2023 that the stock is Buy, while B. Riley Securities gave the stock Buy rating on August 17, 2023, issuing a price target of $10.50.
