Majesco (NYSEAMERICAN:MJCO – Get Free Report)’s share price crossed below its 50-day moving average during trading on Tuesday. 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.
Majesco Trading Up 0.2%
The stock’s 50-day simple moving average is $16.00 and its 200-day simple moving average is $16.00.
About Majesco
Majesco is an insurance technology company that provides cloud-based software and digital solutions to property and casualty, life and annuity, group benefits, and specialty insurance organizations. Its offerings are designed to help insurers modernize core operations, launch products, improve customer and agent experiences, and manage changing regulatory and market requirements.
The company’s product portfolio has included platforms for policy administration, billing, claims management, digital engagement, distribution management, data and analytics, and insurance product development.
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