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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.
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.
|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|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||USD$0.21|
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.
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.
|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%|
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 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 (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.
|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%|
|Market capitalisation||USD$694 million|
TTM: trailing 12 months
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) 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.
We're not expecting Majesco to pay a dividend over the next 12 months.
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".
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 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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