Majesco (NYSEAMERICAN:MJCO) Stock Jumps 0.2% – Here’s What Happened

Majesco (NYSEAMERICAN:MJCO – Get Free Report)’s share price was up 0.2% during mid-day trading on Wednesday. The company traded as high as $16.06 and last traded at $16.00. Approximately 903,400 shares changed hands during mid-day trading, an increase of 1,953% from the average session volume of 44,007 shares. The stock had previously closed at $15.97.

Majesco Stock Performance

The firm’s 50-day moving average price is $16.00 and its 200 day moving average price is $16.00.

Majesco Company Profile

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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.

Further Reading

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