Temenos AG (OTCMKTS:TMSNY) was the recipient of a significant decline in short interest in the month of September. As of September 30th, there was short interest totalling 600 shares, a decline of 76.0% from the September 15th total of 2,500 shares. Based on an average trading volume of 13,900 shares, the short-interest ratio is presently 0.0 days.
Temenos stock traded up $6.97 during mid-day trading on Thursday, hitting $145.69. 5,204 shares of the company’s stock were exchanged, compared to its average volume of 12,845. Temenos has a 1-year low of $105.07 and a 1-year high of $170.18. The stock has a 50 day moving average of $149.26 and a two-hundred day moving average of $153.33.
A number of brokerages have commented on TMSNY. Credit Suisse Group set a $154.55 price objective on Temenos and gave the stock a “neutral” rating in a research note on Friday, July 23rd. Jefferies Financial Group reissued a “buy” rating on shares of Temenos in a report on Wednesday, July 21st. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Temenos in a report on Thursday, July 22nd. Finally, Barclays reissued an “overweight” rating on shares of Temenos in a report on Tuesday, July 13th. Three research analysts have rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the company. According to MarketBeat, Temenos presently has an average rating of “Hold” and a consensus target price of $141.78.
Temenos AG is a holding company, which engages in the development, marketing, and sale of banking software systems. It operates through the Products and Services segments. The Product segment markets, licenses, and provides software solutions and subscription arrangements. The Services segment offers consulting and training activities.
Read More: What is the Russell 2000 Index?
Receive News & Ratings for Temenos Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Temenos and related companies with MarketBeat.com's FREE daily email newsletter.