USA Technologies Inc. (USAT) Soars 7.1% on February 19

USA Technologies Inc. (USAT) Soars 7.1% on February 19

USA Technologies Inc. (USAT) had a good day on the market for Tuesday February 19 as shares jumped 7.1% to close at $3.92. About 4.46 million shares traded hands on 13,592 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 $3.69, shares of USA Technologies Inc. stayed within a range of $3.97 to $3.62.

With today’s gains, USA Technologies Inc. now has a market cap of $235.2 million. Shares of USA Technologies Inc. have been trading within a range of $16.83 and $3.19 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 .

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