Shares of Majesco Entertainment Co. (NASDAQ:COOL) traded up 5.5% during mid-day trading on Friday . The company traded as high as $3.98 and last traded at $3.84, with a volume of 71,153 shares traded. The stock had previously closed at $3.64.

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

The stock has a 50 day moving average price of $4.16 and a 200-day moving average price of $4.74. The company’s market capitalization is $7.87 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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