Is Cantaloupe Inc (NASDAQ: CTLP) No Longer A Good Investment?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

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Stocks Info

CTLP belongs to the Technology sector of the NASDAQ while operating in the Information Technology Services industry. The current market capitalization of Cantaloupe Inc is $540.13M. A total of 0.56 million shares were traded on the day, compared to an average of 336.04K shares.

In the most recent transaction, Bergeron Douglas bought 234,134 shares of CTLP for 7.41 per share on Sep 27 ’24. After the transaction, the Director now owns 426,319 company shares. In a previous transaction on Sep 30 ’24, Bergeron Douglas bought 36,000 shares at 7.41 per share. CTLP shares that Director owns now total 462,319.

Among the insiders who bought shares, Bergeron Douglas acquired of 13,866 shares on Sep 26 ’24 at a per-share price of $7.15. This resulted in the Director holding 192,185 shares of CTLP after the transaction. In another insider transaction, Venkatesan Ravi bought 8,000 shares at $6.30 per share on Sep 13 ’24. Company shares held by the Chief Executive Officer now total 136,658.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, CTLP has a high of $7.91 and a low of $5.74.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. CTLP’s latest balance sheet shows that the firm has $68.12M in Cash & Short Term Investments as of fiscal 2022. There were $18.53M in debt and $79.18M in liabilities at the time. Its Book Value Per Share was $2.49, while its Total Shareholder’s Equity was $159.97M.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CTLP is Buy with a score of 5.00.

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