MJCO - Majesco

NYSE American - NYSE American Delayed Price. Currency in USD
7.87
+0.26 (+3.42%)
At close: 4:00PM EST
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Previous Close7.61
Open7.68
Bid7.51 x 3000
Ask8.07 x 1000
Day's Range7.61 - 7.90
52 Week Range4.93 - 9.27
Volume6,913
Avg. Volume17,959
Market Cap288.619M
Beta (3Y Monthly)1.13
PE Ratio (TTM)48.58
EPS (TTM)0.16
Earnings DateOct 24, 2017 - Oct 30, 2017
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est10.00
Trade prices are not sourced from all markets
  • Business Wire2 days ago

    Guardian Insurance Selects Majesco P&C Policy on Majesco CloudInsurer™ to Accelerate their Business Growth

    Majesco (NYSE American: MJCO), a global leader of cloud core insurance software, today announced that Guardian Insurance based in Puerto Rico selected Majesco P&C Policy on Majesco CloudInsurer™ as the foundation of their business transformation and growth strategy. Guardian Insurance was founded in 1984 and is based in St. Thomas, Virgin Islands. Guardian is a member of Lockhart Companies, Inc., a parent company established in the 1800's and largest real estate holding company in the US Virgin Islands.

  • Business Wire5 days ago

    American Public Life Insurance Company Selects Majesco L&A and Group Core Suite

    Majesco (NYSE American: MJCO), a global leader of cloud core insurance software, today announced that American Public Life Insurance Company (APL) selected Majesco L&A and Group Core Suite platform as the foundation of its digital business transformation strategy. “After a long and arduous assessment, we determined that Majesco’s vision, strategy, team and solutions align with our business today and in the future. Founded in 1945, APL offers a wide variety of supplemental medical insurance products, providing customized solutions for organizations of any size, in almost any industry, across the US.

  • Business Wire9 days ago

    Majesco Moves Stock Exchange Listing to NASDAQ

    Majesco (NYSE American: MJCO), a global provider of cloud insurance software solutions for insurance business transformation, today announced that its board of directors has approved the switching of the listing of its common stock from the New York Stock Exchange - American to The NASDAQ Stock Market LLC®. Effective February 26, 2019, the company is expected to commence trading on the Nasdaq Global Stock Market under the symbol NASDAQ: MJCO.

  • Business Wire12 days ago

    Majesco Announces Phil Hansen as a Keynote Speaker at Convergence 2019

    Majesco (NYSE American: MJCO), a global provider of market-leading insurance technology today announced that Phil Hansen will be a keynote speaker at their upcoming customer conference Convergence 2019 taking place in Savannah, Georgia on April 14 – 17, 2019. Known to his fans as “the Artist for the People,” Phil Hanson is a world-renowned multimedia artist, speaker, author and innovator who often breaks convention, working at the intersection of traditional art, and electronic media, leveraging offbeat materials and interactive experiences to show that art is action, not just result.

  • Business Wire17 days ago

    New Majesco Research Underscores Three Paths to the Future of Insurance

    Majesco (NYSE American: MJCO), a global provider of cloud insurance platform software for insurance business transformation, today announced the release of a new thought leadership report, Strategic Priorities 2019: Accelerating the Paths to the Future of Insurance, based on its fourth annual survey of insurers across all sizes and lines of business. The research underscores the contrast between insurance leaders who are embracing disruption to modernize and optimize their existing business while focusing on their customer and the external market by creating new business models, products and services – compared to “fast-followers” and laggards who are focused on internal operational improvements for legacy business models.

  • Business Wire18 days ago

    Majesco Announces Launch of its Rights Offering

    Majesco (NYSE American: MJCO), a global provider of cloud insurance software solutions for insurance business transformation, today announced that it launched its previously announced rights offering. Under the terms of the rights offering, Majesco will distribute to its shareholders, at no charge, one non-transferable subscription right for each share of common stock held or deemed to be held as of 5:00 p.m. (Eastern Time) on February 5, 2019, the record date. Each subscription right will entitle the holder to purchase one-sixth of a share of Majesco’s common stock at a subscription price of $7.10 per whole share.

  • Business Wire19 days ago

    Majesco Releases New Electronic Billing and Payment Solution Built Using Majesco Digital1st Insurance™

    Majesco (NYSE American:MJCO), a global leader of cloud core insurance software, today announced the release of a new digital online billing and payments app, Electronic Billing & Payments (EBP). The app is powered by the cutting-edge cloud-native Majesco Digital1st Platform™ and integrated with CyberSource, Visa’s payment management platform, which is now available on the Majesco Digital1st EcoExchange™. The availability of EBP will enable insurers to make billing and payment digital and easier for their agents and customers.

  • Thomson Reuters StreetEvents20 days ago

    Edited Transcript of MJCO earnings conference call or presentation 30-Jan-19 9:30pm GMT

    Q3 2019 Majesco Earnings Call

  • Is Majesco’s (NYSEMKT:MJCO) Return On Capital Employed Any Good?
    Simply Wall St.24 days ago

    Is Majesco’s (NYSEMKT:MJCO) Return On Capital Employed Any Good?

    Today we are going to look at Majesco (NYSEMKT:MJCO) to see whether it might be an attractive investment prospect. Specifically, we'll consider its Return On Capital Employed (ROCE), since that Read More...

  • Associated Press24 days ago

    Majesco: Fiscal 3Q Earnings Snapshot

    The Morristown, New Jersey-based company said it had net income of 5 cents per share. Earnings, adjusted for costs related to mergers and acquisitions, came to 6 cents per share. The insurance software ...

  • Business Wire24 days ago

    Majesco Reports Strong Cloud Revenue Growth for Third Quarter Fiscal 2019 Financial Results

    Cloud Revenue up 51% from third quarter FY18 and now represents 42% of total revenue

  • Business Wirelast month

    Majesco to Report Fiscal 2019 Third Quarter Financial Results on January 30, 2019

    MORRISTOWN, N.J.-- -- Conference Call Scheduled for January 30, 2019 at 4:30 p.m. ET Majesco , a global provider of core insurance software, consulting and services for insurance business transformation, today announced that the Company will report its fiscal 2019 third quarter financial results after the market close on Wednesday, January 30, 2019. Conference Call and Webcast Information Management ...

  • Business Wirelast month

    New Majesco Research Highlights Momentum in the Relationship Between InsurTech and Incumbent Insurers to Create Digital Insurance 2.0

    Majesco (NYSE American: MJCO), a global provider of cloud insurance platform software for insurance business transformation, today announced the release of a new thought leadership report, InsurTech: Energizing the Shift to Digital Insurance 2.0, based on new primary research Majesco conducted jointly with Silicon Valley Insurance Accelerator (SVIA) and Global Insurance Accelerator (GIA). The report provides an inside look into how leaders from InsurTechs, insurers, MGAs and solution providers see the opportunities and challenges in moving insurance innovation forward, particularly around their investments and ability to partner with incumbent insurers. The report details the views of two distinct InsurTech segments: Insurer/MGAs, which focus on the entire insurance value chain, and Solution Providers, which provide specialized solutions or services for specific value chain areas.

  • Business Wirelast month

    Majesco Announces Change to Record Date and Expiration Date for its Rights Offering to Shareholders

    Majesco (NYSE American: MJCO), a global provider of cloud insurance software solutions for insurance business transformation, today announced that due to the continued federal government shutdown, it has changed its record date for its previously announced rights offering from January 29, 2019 to February 5, 2019 and its expiration date from February 19, 2019 to February 25, 2019. Under the proposed rights offering, Majesco will distribute to its shareholders, at no charge, one non-transferable subscription right for each share of common stock held or deemed to be held on the record date. Each right will entitle the holder to purchase one-sixth of a share of Majesco’s common stock at a subscription price of $7.10 per whole share.

  • Business Wirelast month

    Majesco to Present at the 21st Annual Needham Growth Conference

    Majesco (NYSE American: MJCO), a global provider of cloud insurance software solutions for insurance business transformation, today announced that Chief Executive Officer, Adam Elster, will present at the 21st Annual Needham Growth Conference in New York, New York on Tuesday, January 15 at 8:40 a.m. Eastern Time. “We are executing our cloud-based growth plan, which was accelerated by the recent Exaxe acquisition, and I look forward to sharing Majesco’s compelling opportunity with investors attending the Needham Conference,” said Adam Elster, Chief Executive Officer of Majesco.

  • Business Wire2 months ago

    Majesco Announces Brian Solis as a Keynote Speaker at Convergence 2019

    Majesco (NYSE AMERICAN:MJCO), a global provider of market-leading insurance technology today announced that Brian Solis will be a keynote speaker at its upcoming customer conference Convergence 2019 taking place in Savannah, Georgia on April 14 – 17, 2019. Brian is Principal Analyst and Futurist at Altimeter, the digital analyst group at Prophet, and has been called “one of the greatest digital analysts of our time” by CMOs and CEOs of top brands. Brian is an award-winning author of seven best-selling books including X: The Experience When Business Meets Design, What’s the Future of Business (WTF) and The End of Business as Usual.

  • Business Wire2 months ago

    Majesco Announces Record Date for its Rights Offering to Shareholders

    Majesco (NYSE American: MJCO), a global provider of cloud insurance software solutions for insurance business transformation, today announced that the record date for its previously announced rights offering will be January 7, 2019. Under the proposed rights offering, Majesco will distribute to its shareholders, at no charge, one non-transferable subscription right for each share of common stock held or deemed to be held on the record date. Each right will entitle the holder to purchase one-sixth of a share of Majesco’s common stock at a subscription price of $7.10 per whole share.

  • Business Wire3 months ago

    Majesco Makes Strategic Moves to Accelerate Cloud Growth

    Majesco (NYSE American: MJCO), a global provider of cloud insurance software solutions for insurance business transformation, today announced the filing of a registration statement relating to a rights offering to all shareholders in which it expects its parent company will invest an estimated $35 million that it raised through a Qualified Institutional Placement in India in February 2018. The company intends to use this capital to fund the remainder of the Exaxe acquisition, pay off debt, and accelerate cloud growth, which includes additional acquisition opportunities. “This capital provides us with additional resources to invest in enhancing our business platform,” said Adam Elster, CEO at Majesco.

  • Business Wire3 months ago

    No Longer a Back-Office Function, Billing is at the Center of Growth and Innovation in a New Digital Era of Insurance

    Majesco (NYSE American:MJCO), a global provider of cloud insurance platform software for insurance business transformation, today announced the release of a new thought leadership report. The report, Billing in the Era of Digital Insurance 2.0: At the Center of Growth and Innovation, highlights how the growing customer demands and expectations for new, innovative products and services such as on-demand, parametric, telematics, value added services, and more are moving billing to front and center in the shift to Digital Insurance 2.0. These new products and services require billing and payment capabilities that are significantly different from the traditional billing and payment processes of Insurance 1.0.

  • Business Wire3 months ago

    Majesco Acquires Exaxe, EMEA Cloud Software Leader for Life, Pensions and Wealth Management

    Majesco (NYSE AMERICAN: MJCO), a global leader of cloud insurance technology, announced today the acquisition of Exaxe, an EMEA based cloud software leader in the life, pensions and wealth management segment. Headquartered in Dublin, Ireland Exaxe serves a growing list of top European insurers. This acquisition will strengthen and expand Majesco’s software offerings in EMEA for the individual life, pensions and wealth management market while complementing Majesco’s software and Group focused customer base in the UK.

  • Business Wire4 months ago

    PT PFI Mega Life Insurance Selects Majesco Policy for Life & Annuities and Group

    Majesco (NYSE AMERICAN:MJCO), a global provider of core insurance platform software and consulting services for insurance business transformation, today announced that PT PFI Mega Life Insurance (PFI Mega Life), the joint venture life insurance company of Prudential Financial Inc and CT Corpora, has selected Majesco Policy for Life & Annuities and Group along with a point of sale and activity management solution specifically used within the Asia Pacific region. “We are delighted to welcome PFI Mega Life as part of our growing customer community,” commented Adam Elster, CEO of Majesco. Established in 2011, PT PFI Mega Life Insurance combines the global expertise of Prudential Financial Inc. with the local market network of CT Corpora.

  • Business Wire4 months ago

    Majesco Congratulates MMG Insurance as a 2018 Business Rules Excellence Winner

    Majesco (NYSE American: MJCO), a global provider of core insurance platform software and consulting services for insurance business transformation, today announced their congratulations to MMG Insurance on their recognition as one of the top three winners worldwide in the business and operational excellence category for the 2018 Business Rules Excellence Award (BREA). MMG Insurance began their business transformation journey to replace their legacy systems and modernize their customer-facing portal to support their future growth plans.

  • Business Wire4 months ago

    Majesco Positioned as a Leader in the Magic Quadrant for P&C Core Platforms, North America

    Majesco (NYSE American: MJCO), a global provider of core insurance platform software and consulting services for insurance business transformation, today announced that Gartner has positioned Majesco as a Leader in the October 2018 Magic Quadrant for P&C Core Platforms, North America report. Majesco is recognized as a Leader for its completeness of vision and ability to execute. “North American market for P&C core systems continues to consolidate as buyers raise expectations and expand the scope of their modernization efforts to include broad platforms,” wrote Jeff Haner, principal research analyst, Insurance, Gartner and author of the report.