NEW YORK (

TheStreet

) --

Majesco Entertainment Company

(Nasdaq:

COOL

) hit a new 52-week high Thursday as it traded at $2.87 compared with its previous 52-Week high of $2.84. Majesco Entertainment is changing hands at $2.87 with 3.4 million shares traded as of 2:11 p.m. ET. Average volume has been 987,800 shares over the past 30 days.

Majesco Entertainment has a market cap of $91.2 million and is part of the

technology

sector and

computer software & services

industry. Shares are up 207.8% year to date as of the close of trading on Wednesday.

Majesco Entertainment Company provides interactive entertainment products primarily in the United States and Europe. It offers video game software and other digital entertainment products. The company has a P/E ratio of 46, above the average computer software & services industry P/E ratio of 38.3 and above the S&P 500 P/E ratio of 16.

  • Practice your COOL trading strategies and win cash in our stock game.

TheStreet Ratings rates Majesco Entertainment as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall. You can view the full

Majesco Entertainment Ratings Report

.

See all

52-week high stocks

or get investment ideas from our

investment research center

.

null