USA Technologies Inc. (USAT) Soars 6.4% on January 10

Equities Staff  |

USA Technologies Inc. (USAT) had a good day on the market for Thursday January 10 as shares jumped 6.4% to close at $5.32. About 1.19 million shares traded hands on 7,260 trades for the day, compared with an average daily volume of n/a shares out of a total float of 60 million. After opening the trading day at $5.07, shares of USA Technologies Inc. stayed within a range of $5.37 to $4.87.

With today's gains, USA Technologies Inc. now has a market cap of $319.2 million. Shares of USA Technologies Inc. have been trading within a range of $16.83 and $3.22 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $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. Its CEO is Stephen P. Herbert.

For a complete fundamental analysis of USA Technologies Inc., check out Equities.com’s Stock Valuation Analysis report for USAT.

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USA Technologies Inc. is also a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

To get more information on USA Technologies Inc. and to follow the company’s latest updates, you can visit the company’s profile page here: USAT’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.



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