Majesco (NYSEAMERICAN:MJCO) Shares Cross Below 50-Day Moving Average – Should You Sell?

Majesco (NYSEAMERICAN:MJCOGet Free Report)’s stock price crossed below its fifty day moving average during trading on Friday . The stock has a fifty 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.

Majesco Price Performance

The firm has a 50-day moving average price of $16.00 and a two-hundred day moving average price of $16.00.

About Majesco

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Majesco Entertainment Company (NYSE American: MJCO) is a developer, publisher and distributor of interactive entertainment software. The company focuses primarily on digital and mobile gaming titles, offering a portfolio that spans casual, family-friendly and lifestyle-oriented experiences. Its product lineup has included well-known franchises such as BloodRayne, Cooking Mama and Zumba Fitness, alongside original IP and licensed partnerships.

Founded in 1986 and headquartered in Edison, New Jersey, Majesco originally built its reputation on the physical distribution of console and PC games in the North American market.

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