USA Technologies Inc. (USAT) Plunges 5.62% on March 05

USA Technologies Inc. (USAT) Plunges 5.62% on March 05

USA Technologies Inc. (USAT) had a rough trading day for Tuesday March 05 as shares tumbled 5.62%, or a loss of $-0.23 per share, to close at $3.86. After opening the day at $3.72, shares of USA Technologies Inc. traded as high as $3.90 and as low as $3.53. Volume was 4.29 million shares over 15,060 trades, against an average daily volume of n/a shares and a total float of 60 million.

As a result of the decline, USA Technologies Inc. now has a market cap of $231.6 million. In the last year, shares of USA Technologies Inc. have traded between a range of $16.83 and $3.19, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.

USA Technologies Inc operates in the small ticket electronic payments industry. It provides wireless, cashless, micro-transactions and networking services within the unattended Point of Sale (POS) market. Its products and services portfolio consist of ePort Connect, ePort Cashless Hardware, eSuds, EnergyMisers, and value-added services which include Loyalty and Prepaid, Intelligent Vending, and Two-Tier Pricing Program. Its customer base consists of small ticket retail markets, beverage, and food vending industry. It derives the majority of its revenues from license and transaction fees.

USA Technologies Inc. is based out of Malvern, PA and has some 129 employees.

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