Majesco (NYSEAMERICAN:MJCO – Get Free Report) rose 0.2% during trading on Wednesday. The company traded as high as $16.06 and last traded at $16.00. 903,400 shares were traded during mid-day trading, an increase of 1,953% from the average daily volume of 44,007 shares. The stock had previously closed at $15.97.
Majesco Price Performance
The stock’s 50-day moving average is $16.00 and its 200 day moving average is $16.00.
About Majesco
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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