Majesco (COOL) Quietly Doubles in a Month

Majesco Entertainment (NASDAQ:COOL) a maker or reproducer of casual games, has almost doubled since February 11, when it traded for $1.26 a share.

If you go back to January 1, when they were trading a 77 cents a share, the company has over tripled in price.

While the company has been steadily moving up over the last several months, the main catalysts was their recent report where revenue for the quarter increased to $48.5 million, a 66 percent gain.

The company, at this time, is being driven by the release of its popular Zumba Fitness software, which can be played on Nintendo Wii, Xbox 360 (NASDAQ:MSFT), and Sony’s PS3 (NYSE:SNE) consoles.

Majesco closed Thursday at $2.48, gaining $0.23, or 10.22 percent. They were up to $2.50 in after hours trading.