USA Technologies Inc (USAT)

[FUNMAN]

USAT - Set to Announce Earnings on Thursday
Posted by Amy Steele on Sep 6th, 2016

USA Technologies Inc. (NASDAQ:USAT) will be posting its quarterly earnings results before the market opens on Thursday, September 8th. Analysts expect USA Technologies to post earnings of $0.01 per share for the quarter.

I think anything less than a fractional beat or better may pummel the PPS.

USA Technologies Inc. (NASDAQ:USAT) opened at 5.18 on Tuesday. The stock has a 50 day moving average price of $4.89 and a 200 day moving average price of $4.39. USA Technologies Inc. has a 52 week low of $2.13 and a 52 week high of $5.30. The stock’s market cap is $190.28 million.

Separately, Zacks Investment Research downgraded USA Technologies from a “hold” rating to a “strong sell” rating in a research report on Tuesday, July 5th.

USA Technologies, Inc provides technology-enabled solutions and value-added services that facilitate electronic payment transactions within the unattended point of sale 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 market segments, such as amusement, commercial laundry, kiosk and others.