Volume Alert: Shares of USA Technologies (OTCBB: USTT), a leader in the networking of distributed assets, wireless non-cash transactions, associated financial/network services and energy management, continue to surge, rallying on three times average volume to its highest closing level since June, 2004. Shares could receive an additional lift ahead of the company’s Annual Shareholder’s Meeting in mid-March. Last week, the company announced that in a survey of four U.S. airports, vending machines fitted with the company’s e-Port® cashless transaction devices returned between $5,600 and $6,800 per machine a year over and above cash sales. The stock ended the week at $0.19, up 2 cents.
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