Majesco (NYSEAMERICAN:MJCO) Shares Pass Below 50-Day Moving Average – Here’s Why

Majesco (NYSEAMERICAN:MJCOGet Free Report) crossed below its 50 day moving average during trading on Wednesday . 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 company has a 50-day moving average price of $16.00 and a 200-day moving average price of $16.00.

Majesco Company Profile

(Get Free Report)

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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