NEW YORK (
) -- Shares of
Majesco Entertainment Company
) have taken a tremendous swing upward. The stock is trading at $3.17 as of 11:01 a.m. ET, 20.5% above Wednesday's closing price of $2.63. Volume is at 1.9 million, 1.2 times the daily average of 1.6 million.
Majesco Entertainment has a market cap of $97.6 million and is part of the
Majesco Entertainment Company provides interactive entertainment products primarily in the United States and Europe. It offers video game software and other digital entertainment products.
TheStreet Ratings rates Majesco Entertainment as a
. 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
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