November 21, 2016 - By Vivian Park · 0 Comments
Majesco Entertainment Co (NASDAQ:COOL) institutional sentiment decreased to 0 in 2016 Q2. Its down -1.67, from 1.67 in 2016Q1. The ratio dropped, as 5 hedge funds started new or increased positions, while 3 decreased and sold holdings in Majesco Entertainment Co. The hedge funds in our partner’s database now have: 722,927 shares, up from 700,123 shares in 2016Q1. Also, the number of hedge funds holding Majesco Entertainment Co in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 3 Reduced: 0 Increased: 3 New Position: 2.
Majesco Entertainment Company is a developer, marketer, publisher and distributor of interactive entertainment for consumers. The company has a market cap of $9.13 million. The Firm develops and publishes a range of video games on digital networks through its Midnight City label, including Nintendo’s DS, 3DS, Wii and WiiU, Sony’s PlayStation 3 and 4 , Microsoft’s Xbox 360 and Xbox One and the personal computer (PC). It currently has negative earnings. The Firm sells packaged console software to retail chains, specialty retail stores, video game rental outlets and distributors, and through digital distribution for platforms, such as Xbox Live Arcade, PlayStation Network (PSN), and Steam, and for mobile devices and online platforms.
About 4,960 shares traded hands. Majesco Entertainment Co. (NASDAQ:COOL) has declined 29.96% since April 19, 2016 and is downtrending. It has underperformed by 33.82% the S&P500.
According to Zacks Investment Research, “Majesco Entertainment Company is an innovative provider of digital entertainment products and content. The Company’s three product lines include Games, which includes highly anticipated titles such as Advent Rising and JAWS Unleashed; Videos, which highlights the Company’s platform-independent video compression technology; and Gadgets, which includes innovative digital entertainment products like Frogger TV Arcade.”
Dsc Advisors L.P. holds 0.12% of its portfolio in Majesco Entertainment Co. for 267,979 shares. Bank Of America Corp De owns 21 shares or 0% of their US portfolio. Moreover, Blackrock Fund Advisors has 0% invested in the company for 1,654 shares. The California-based California Public Employees Retirement System has invested 0% in the stock. Deutsche Bank Ag, a Germany-based fund reported 3 shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 1 buy, and 0 selling transactions for $60,000 net activity.
Majesco Entertainment Company, incorporated on May 8, 1998, is a developer, marketer, publisher and distributor of interactive entertainment for consumers. The Firm develops and publishes a range of video games on digital networks through its Midnight City label, including Nintendo’s DS, 3DS, Wii and WiiU, Sony’s PlayStation 3 and 4 (PS3 and PS4), Microsoft’s Xbox 360 and Xbox One and the personal computer (PC).
More news for Majesco Entertainment Co. (NASDAQ:COOL) were recently published by: Thestreet.com, which released: “Why Majesco Entertainment (COOL) Stock Is Tanking Today” on September 16, 2014. Thestreet.com‘s article titled: “Majesco Entertainment (COOL) Stock Soars on $10 Million Dividend Program” and published on January 06, 2016 is yet another important article.
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By Vivian Park