Majesco (NYSEAMERICAN:MJCO – Get Free Report)’s share price passed below its 50 day moving average during trading on Thursday. The stock has a 50 day moving average of $16.00 and traded as low as $15.97. Majesco shares last traded at $16.00, with a volume of 903,400 shares changing hands.
Majesco Price Performance
The company’s fifty day simple moving average is $16.00 and its 200 day simple moving average is $16.00.
About Majesco
Majesco was an insurance technology company that provided software, consulting and services to the property and casualty, life and annuity insurance markets. Its offerings were designed to help insurers manage core operations, modernize legacy systems and support digital customer experiences.
The company’s product portfolio included platforms for policy administration, billing, claims management, product development, distribution management, data and analytics, and digital engagement. Majesco offered both cloud-based and on-premises solutions, serving insurers ranging from established carriers to newer, digitally focused businesses.
Majesco served insurance organizations primarily in North America, with solutions used in other international markets.
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