Majesco (NYSE:MJCO) was a big mover last session, as the company saw its shares rise almost 10% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company as the stock is now down 13.4% in the past one-month time frame.
The company has seen no estimate revisions over the past 7 days, while the Zacks Consensus Estimate remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Majesco currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
A better-ranked stock in the Internet Software industry is Paylocity Holding Corporation (NASDAQ:PCTY) , which sports a Zacks Rank #1 (Strong Buy).
Is MJCO going up? Or down? Predict to see what others think: Up or Down
PAYLOCITY HLDG (PCTY): Free Stock Analysis Report
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