Majesco Entertainment Co. (NASDAQ:COOL) shares traded up 6.1% during mid-day trading on Thursday . The company traded as high as $4.50 and last traded at $4.20, with a volume of 55,888 shares changing hands. The stock had previously closed at $3.96.

Separately, Maxim Group reissued a “buy” rating and set a $8.00 price target (down from $10.00) on shares of Majesco Entertainment in a research report on Wednesday.

The firm’s 50-day moving average price is $4.50 and its 200-day moving average price is $4.85. The stock’s market cap is $8.82 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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