Temenos Group (OTCMKTS:TMSNY) Stock Price Down 4.8% – Here’s Why

Temenos Group (OTCMKTS:TMSNY) shares traded down 4.8% during trading on Thursday . The stock traded as low as $80.80 and last traded at $80.80. 201 shares changed hands during trading, a decline of 90% from the average session volume of 1,925 shares. The stock had previously closed at $84.87.

Analyst Ratings Changes

Several analysts have commented on the company. Citigroup upgraded Temenos Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 14th. Berenberg Bank upgraded Temenos Group to a “hold” rating in a research note on Friday, March 20th. Finally, Barclays upgraded Temenos Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, March 4th. Two investment analysts have rated the stock with a Strong Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Buy”.

Temenos Group Trading Down 2.3%

The firm has a 50 day simple moving average of $91.07 and a 200 day simple moving average of $92.48. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 1.66. The firm has a market capitalization of $5.50 billion, a PE ratio of 53.27, a P/E/G ratio of 1.66 and a beta of 0.74.

Temenos Group Company Profile

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.