Majesco (NYSEAMERICAN:MJCO) Share Price Passes Below Fifty Day Moving Average – Here’s Why

Majesco (NYSEAMERICAN:MJCOGet Free Report) shares 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 traded.

Majesco Stock Up 0.2%

The business has a fifty day simple moving average of $16.00 and a two-hundred day simple moving average of $16.00.

About Majesco

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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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