Majesco (NYSEAMERICAN:MJCO) Trading Up 0.9%
Majesco (NYSEAMERICAN:MJCO)’s share price was up 0.9% during trading on Friday . The company traded as high as $9.91 and last traded at $9.91, approximately 145 shares were traded during mid-day trading. A decline of 99% from the average daily volume of 19,697 shares. The stock had previously closed at $9.82.
Majesco (NYSEAMERICAN:MJCO) last released its earnings results on Tuesday, May 7th. The software maker reported $0.03 earnings per share for the quarter. The company had revenue of $36.87 million for the quarter.
Several large investors have recently bought and sold shares of the stock. Bank of New York Mellon Corp grew its stake in shares of Majesco by 20.6% during the fourth quarter. Bank of New York Mellon Corp now owns 13,444 shares of the software maker’s stock valued at $95,000 after buying an additional 2,293 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of Majesco by 3.1% during the 4th quarter. Geode Capital Management LLC now owns 71,209 shares of the software maker’s stock valued at $504,000 after purchasing an additional 2,112 shares during the last quarter. SG Capital Management LLC purchased a new stake in shares of Majesco during the 1st quarter valued at $154,000. Finally, Strs Ohio lifted its holdings in shares of Majesco by 61.7% during the 1st quarter. Strs Ohio now owns 7,600 shares of the software maker’s stock valued at $53,000 after purchasing an additional 2,900 shares during the last quarter.
Majesco provides insurance software, consulting services, and other insurance technology solutions for business transformation of the insurance industry in the United States, Canada, Mexico, the United Kingdom, Malaysia, Singapore, Thailand, and India. It offers insurance software solutions for property and casualty (P&C)/general insurance, life and annuity (L&A), and pensions and group/benefits providers.
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