Temenos Group (OTCMKTS:TMSNY) Shares Gap Up – Still a Buy?

Temenos Group (OTCMKTS:TMSNY) shares gapped up before the market opened on Wednesday . The stock had previously closed at $85.36, but opened at $90.97. Temenos Group shares last traded at $90.98, with a volume of 633 shares.

Wall Street Analyst Weigh In

Separately, Zacks Research downgraded Temenos Group from a “strong-buy” rating to a “hold” rating in a report on Monday, December 15th. Two analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has an average rating of “Hold”.

Temenos Group Trading Up 9.2%

The company has a debt-to-equity ratio of 1.35, a current ratio of 0.41 and a quick ratio of 0.41. The firm’s 50-day moving average price is $94.05 and its 200 day moving average price is $89.21.

About Temenos Group

Temenos Group is a leading provider of banking software systems, specializing in core banking platforms and digital front‐end solutions for financial institutions worldwide. The company’s flagship product, Temenos Transact, delivers end‐to‐end core banking functionality, enabling banks to manage accounts, deposits, loans and payments on a unified platform. Complementing this offering, Temenos Infinity provides digital banking capabilities, including online and mobile channels, customer onboarding, relationship management and analytics tools designed to enhance customer engagement and operational efficiency.

Founded in Geneva in 1993, Temenos serves more than 3,000 financial institutions across over 150 countries, ranging from community banks and credit unions to global systemically important banks.