Majesco Entertainment Co. (NASDAQ:COOL) shares hit a new 52-week high on Monday . The stock traded as high as $4.06 and last traded at $4.00, with a volume of 15,139 shares traded. The stock had previously closed at $0.71.

Separately, Maxim Group reiterated a “buy” rating and set a $10.00 price target (up previously from $9.00) on shares of Majesco Entertainment in a research note on Friday, May 13th.

The firm has a 50-day moving average of $0.77 and a 200 day moving average of $0.83. The firm’s market cap is $50.77 million.

Majesco Entertainment Company is a developer, marketer, publisher and distributor of interactive entertainment for consumers. The Company develops and publishes a range of video games on digital networks through its Midnight City label, including Nintendo’s DS, 3DS, Wii and WiiU, Sony’s PlayStation 3 and 4 (PS3 and PS4), Microsoft’s Xbox 360 and Xbox One and the personal computer (PC).

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