Majesco (NYSEAMERICAN:MJCO – Get Free Report) rose 0.2% during trading on Wednesday. The stock traded as high as $16.06 and last traded at $16.00. Approximately 903,400 shares traded hands during trading, an increase of 1,953% from the average session volume of 44,007 shares. The stock had previously closed at $15.97.
Majesco Price Performance
The stock’s 50-day simple moving average is $16.00 and its 200 day simple moving average is $16.00.
Majesco Company Profile
Majesco, Inc. was a software company focused on technology for the insurance industry. It developed cloud-based platforms and related services to help insurers manage core operations, digital customer experiences, data and analytics, and insurance distribution. Its offerings supported property and casualty insurers as well as life, annuity, and group-benefits providers. Majesco served insurance organizations in North America and other international markets, with operations that included the United States and India.
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