USA Technologies, Inc. (USAT) Stock Is An 52-Week High Flier

May 24, 2018 - By Ash

USA Technologies, Inc. (NASDAQ:USAT) Logo

Investors sentiment decreased to 1.16 in Q4 2017. Its down 2.78, from 3.94 in 2017Q3. It worsened, as 14 investors sold USA Technologies, Inc. shares while 29 reduced holdings. 21 funds opened positions while 29 raised stakes. 27.52 million shares or 43.44% less from 48.65 million shares in 2017Q3 were reported.
Monarch Partners Asset Limited Liability Corp holds 0.05% or 53,415 shares in its portfolio. Minnesota-based Next Century Growth has invested 1.88% in USA Technologies, Inc. (NASDAQ:USAT). Ubs Asset Mngmt Americas owns 1.13 million shares. Ameritas Invest Ptnrs has invested 0% of its portfolio in USA Technologies, Inc. (NASDAQ:USAT). Chevy Chase Tru Holdings has 10,750 shares. Geode Mngmt Ltd Limited Liability Company accumulated 405,077 shares. 63,354 were reported by Gilder Gagnon Howe Commerce Ltd Liability Corporation. Castleark Mngmt Limited Liability reported 688,690 shares. White Pine Capital Lc holds 83,190 shares. Centaur Capital Prtn L P reported 1.74% in USA Technologies, Inc. (NASDAQ:USAT). Mark Sheptoff Fincl Planning Ltd Co accumulated 0% or 20 shares. Aperio Grp Limited Liability Corp has 15,998 shares for 0% of their portfolio. California-based California State Teachers Retirement System has invested 0% in USA Technologies, Inc. (NASDAQ:USAT). Pnc Fincl Serv Gru holds 0% in USA Technologies, Inc. (NASDAQ:USAT) or 93,274 shares. Blair William & Il holds 0% or 45,209 shares in its portfolio.

Since December 14, 2017, it had 0 insider buys, and 1 insider sale for $190,467 activity.

The stock of USA Technologies, Inc. (NASDAQ:USAT) hit a new 52-week high and has $14.15 target or 6.00 % above today’s $13.35 share price. The 6 months bullish chart indicates low risk for the $716.50 million company. The 1-year high was reported on May, 24 by Barchart.com. If the $14.15 price target is reached, the company will be worth $42.99M more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock decreased 2.20% or $0.3 during the last trading session, reaching $13.35. About 770,492 shares traded or 15.95% up from the average. USA Technologies, Inc. (NASDAQ:USAT) has risen 128.40% since May 24, 2017 and is uptrending. It has outperformed by 116.85% the S&P500.

Analysts await USA Technologies, Inc. (NASDAQ:USAT) to report earnings on August, 28. They expect $0.02 EPS, up 100.00 % or $0.01 from last year’s $0.01 per share. USAT’s profit will be $1.07 million for 166.88 P/E if the $0.02 EPS becomes a reality. After $0.04 actual EPS reported by USA Technologies, Inc. for the previous quarter, Wall Street now forecasts -50.00 % negative EPS growth.

USA Technologies, Inc. (NASDAQ:USAT) Ratings Coverage

Among 3 analysts covering USA Technologies (NASDAQ:USAT), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. USA Technologies had 4 analyst reports since December 18, 2017 according to SRatingsIntel. The firm has “Buy” rating by Northland Capital given on Monday, December 18. The firm earned “Buy” rating on Tuesday, April 3 by Barrington.

More notable recent USA Technologies, Inc. (NASDAQ:USAT) news were published by: Livetradingnews.com which released: “USA Technologies, Inc. (NASDAQ:USAT) Heffx Technical Analysis” on May 14, 2018, also Nasdaq.com with their article: “Why USA Technologies Shares Jumped” published on May 23, 2018, Benzinga.com published: “33 Stocks Moving In Wednesday’s Mid-Day Session” on May 23, 2018. More interesting news about USA Technologies, Inc. (NASDAQ:USAT) were released by: Benzinga.com and their article: “38 Biggest Movers From Yesterday” published on May 24, 2018 as well as Streetinsider.com‘s news article titled: “USA Technologies (USAT) Prices 5.5M Common Stock Offering at $11/Share” with publication date: May 23, 2018.

USA Technologies, Inc. provides wireless networking, cashless transactions, asset monitoring, and other value-added services in the United States and internationally. The company has market cap of $716.50 million. It creates and markets systems and solutions that facilitate electronic payment options, as well as telemetry and machine-to-machine services. It currently has negative earnings. The company's ePort Connect solution offers various POS options, card processing, wireless connectivity, customer/consumer, online sales reporting, M2M telemetry and DEX data transfer, over-the-air update capabilities, deployment planning, and value-added services, as well as planning, project management, installation support, marketing, and performance evaluation services.

USA Technologies, Inc. (NASDAQ:USAT) Institutional Positions Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.