USA Technologies, Inc. (NASDAQ:USAT) Director Albin F. Moschner sold 6,000 shares of USA Technologies stock in a transaction that occurred on Wednesday, November 22nd. The stock was sold at an average price of $8.46, for a total transaction of $50,760.00. Following the transaction, the director now directly owns 416,926 shares in the company, valued at approximately $3,527,193.96. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.
Shares of USA Technologies, Inc. (NASDAQ:USAT) remained flat at $$8.45 on Wednesday. The stock had a trading volume of 503,275 shares, compared to its average volume of 311,381. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.67 and a quick ratio of 2.38. USA Technologies, Inc. has a 52 week low of $3.80 and a 52 week high of $8.95. The firm has a market cap of $442.36, a PE ratio of 412.50 and a beta of 1.03.
USA Technologies (NASDAQ:USAT) last posted its quarterly earnings data on Wednesday, November 8th. The technology company reported $0.00 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.01) by $0.01. The business had revenue of $25.62 million during the quarter, compared to analyst estimates of $25.87 million. USA Technologies had a return on equity of 1.20% and a net margin of 0.37%. equities analysts forecast that USA Technologies, Inc. will post 0.07 earnings per share for the current fiscal year.
USAT has been the subject of several research analyst reports. Zacks Investment Research lowered USA Technologies from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, November 15th. BidaskClub downgraded USA Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, August 12th. William Blair assumed coverage on USA Technologies in a research report on Thursday, August 24th. They issued an “outperform” rating for the company. Finally, Northland Securities reissued a “buy” rating and set a $7.25 target price on shares of USA Technologies in a research note on Tuesday, September 5th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the stock. USA Technologies currently has an average rating of “Hold” and a consensus price target of $8.25.
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About USA Technologies
USA Technologies, Inc provides technology-enabled solutions and value-added services that facilitate electronic payment transactions within the unattended point of sale (POS) market. The Company is a provider in the small ticket, beverage and food vending industry and is also engaged in offering solutions and services to other unattended market segments, such as amusement, commercial laundry, kiosk and others.
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