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How to buy Majesco stock | 925

Own Majesco stock in just a few minutes.

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Majesco is a software—application business based in the US. Majesco shares (MJCO) are listed on the NASDAQ and all prices are listed in US Dollars. Majesco employs 2,403 staff and has a trailing 12-month revenue of around USD$150.4 million.

How to buy shares in Majesco

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Majesco. Find the stock by name or ticker symbol: MJCO. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Majesco reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$925, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Majesco, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Majesco. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

How has coronavirus impacted Majesco's share price?

Since the stock market crash in March caused by coronavirus, Majesco's share price has had significant positive movement.

Its last market close was USD$925, which is 99.20% up on its pre-crash value of USD$7.38 and 20,140.70% up on the lowest point reached during the March crash when the shares fell as low as USD$4.57.

If you had bought USD$1,000 worth of Majesco shares at the start of February 2020, those shares would have been worth USD$699.05 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth USD$126,540.00.

Majesco share price

Use our graph to track the performance of MJCO stocks over time.

Majesco shares at a glance

Information last updated 2020-11-19.
Latest market close USD$925
52-week range USD$4.57 - USD$938
50-day moving average USD$16
200-day moving average USD$10.6669
Wall St. target price USD$10
PE ratio 76.1905
Dividend yield N/A (0%)
Earnings per share (TTM) USD$0.21

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Majesco stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Majesco price performance over time

Historical closes compared with the close of $925 from 2020-11-14

1 week (2020-11-17) 0.76%
1 month (2020-10-23) 4.94%
3 months (2020-08-24) 5,666.83%
6 months (2020-05-22) 13,685.39%
1 year (2019-11-22) 10,731.38%
2 years (2018-11-23) 12,467.93%
3 years (2017-11-24) 15,525.00%
5 years (2015-11-24) 17,778.54%

Is Majesco under- or over-valued?

Valuing Majesco stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Majesco's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Majesco's P/E ratio

Majesco's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 76x. In other words, Majesco shares trade at around 76x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Majesco's EBITDA

Majesco's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$16.7 million.

The EBITDA is a measure of a Majesco's overall financial performance and is widely used to measure a its profitability.

Majesco financials

Revenue TTM USD$150.4 million
Operating margin TTM 7.74%
Gross profit TTM USD$71.6 million
Return on assets TTM 4.7%
Return on equity TTM 0%
Profit margin 6.44%
Book value $2.516
Market capitalisation USD$694 million

TTM: trailing 12 months

Shorting Majesco shares

There are currently 85,919 Majesco shares held short by investors – that's known as Majesco's "short interest". This figure is 7.6% up from 79,862 last month.

There are a few different ways that this level of interest in shorting Majesco shares can be evaluated.

Majesco's "short interest ratio" (SIR)

Majesco's "short interest ratio" (SIR) is the quantity of Majesco shares currently shorted divided by the average quantity of Majesco shares traded daily (recently around 58448.299319728). Majesco's SIR currently stands at 1.47. In other words for every 100,000 Majesco shares traded daily on the market, roughly 1470 shares are currently held short.

However Majesco's short interest can also be evaluated against the total number of Majesco shares, or, against the total number of tradable Majesco shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Majesco's short interest could be expressed as 0% of the outstanding shares (for every 100,000 Majesco shares in existence, roughly 0 shares are currently held short) or 0.0083% of the tradable shares (for every 100,000 tradable Majesco shares, roughly 8 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Majesco.

Find out more about how you can short Majesco stock.

Majesco share dividends

We're not expecting Majesco to pay a dividend over the next 12 months.

Majesco share price volatility

Over the last 12 months, Majesco's shares have ranged in value from as little as $4.57 up to $938. A popular way to gauge a stock's volatility is its "beta".

MJCO.US volatility(beta: 1.02)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Majesco's is 1.019. This would suggest that Majesco's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Majesco overview

Majesco provides cloud insurance software solutions for the business transformation of the insurance industry in the United States, Canada, Mexico, the United Kingdom, Malaysia, Singapore, Ireland, and India. It offers CloudInsurer, a cloud-based insurance platform that provides distribution management, data, and analytics solutions. The company also provides Digital1st, which offers cloud-native, digital engagement, and micro services platform-as-a-service for the insurance business; and an ecosystem of partners with apps that provide data sources and capabilities. Its cloud insurance software solutions enable property and casualty/general insurance; and life, annuities, pensions and group/voluntary benefits insurers, managing general agents (MGAs), brokers, reinsurers, greenfields, and start-ups to optimize their businesses across the end-to-end insurance value chain; comply with policies, regulations, and new business models; enter into new markets; and launch new products and services. The company offers its solutions in the areas of policy, rating, underwriting, billing, claims, distribution management, digital, data, and analytics for insurance carriers, mid-market insurers, MGAs, startups, and green fields through an integrated sale and marketing platform, and client partners. In addition, it provides insurance delivery and consulting services. The company was formerly known as MajescoMastek and changed its name to Majesco in October 2014. Majesco was founded in 1982 and is headquartered in Morristown, New Jersey. Majesco is a subsidiary of Majesco Limited.

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