Zacks: Majesco Entertainment Company (COOL) Given Consensus Recommendation of “” by Analysts
Shares of Majesco Entertainment Company (NASDAQ:COOL) have received an average broker rating score of 0.00 () from the zero analysts that provide coverage for the stock, Zacks Investment Research reports.
Zacks has also given Majesco Entertainment an industry rank of 110 out of 265 based on the ratings given to related companies.
Majesco Entertainment (NASDAQ COOL) traded up 6.04% during trading on Friday, reaching $25.10. The company’s stock had a trading volume of 202,221 shares. The firm’s market cap is $134.08 million. The stock’s 50 day moving average is $22.00 and its 200-day moving average is $14.23. Majesco Entertainment has a 52 week low of $2.61 and a 52 week high of $30.09.
In related news, CFO John Stetson acquired 10,000 shares of the company’s stock in a transaction on Tuesday, June 6th. The stock was purchased at an average cost of $10.00 per share, with a total value of $100,000.00. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Insiders acquired a total of 21,559 shares of company stock valued at $227,724 over the last ninety days. Insiders own 13.42% of the company’s stock.
Institutional investors have recently bought and sold shares of the company. Renaissance Technologies LLC boosted its position in Majesco Entertainment by 7.7% in the fourth quarter. Renaissance Technologies LLC now owns 36,485 shares of the company’s stock worth $118,000 after buying an additional 2,605 shares during the period. Brandes Investment Partners LP purchased a new stake in shares of Majesco Entertainment during the first quarter worth $144,000. Finally, Wells Fargo & Company MN raised its stake in shares of Majesco Entertainment by 41.3% in the second quarter. Wells Fargo & Company MN now owns 5,650 shares of the company’s stock worth $131,000 after buying an additional 1,650 shares in the last quarter. 7.70% of the stock is owned by institutional investors.
About Majesco Entertainment
PolarityTE, Inc, formerly Majesco Entertainment Company, is the owner of patent applications and know-how related to regenerative medicine and tissue engineering, as well as software applications used in diagnosis and treatment related to regenerative medicine. The Company seeks to develop and obtain regulatory approval for technology that will utilize a patient’s own tissue substrates for the regeneration of skin, bone, muscle, cartilage, fat, blood vessels and nerves.
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