Temenos Group (OTCMKTS:TMSNY) Sets New 52-Week High – Should You Buy?

Temenos Group (OTCMKTS:TMSNY)’s share price reached a new 52-week high on Wednesday . The company traded as high as $97.06 and last traded at $96.79, with a volume of 3 shares trading hands. The stock had previously closed at $95.2550.

Analyst Ratings Changes

Separately, Zacks Research downgraded Temenos Group from a “strong-buy” rating to a “hold” rating in a report on Monday. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company has a consensus rating of “Hold”.

Temenos Group Price Performance

The firm’s 50 day simple moving average is $88.58 and its 200-day simple moving average is $83.77. The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 1.11.

About Temenos Group

Temenos AG develops, markets, and sells integrated banking software systems to banking and other financial institutions worldwide. Its Temenos Banking Cloud helps banks to offer open banking services. The company provides Temenos Infinity, a digital banking platform; Temenos Transact, a core banking software for retail, corporate, treasury, wealth, and payments; Temenos Payments, a software-as-a-service payments technology; Temenos Multifonds, a platform for traditional and alternative funds, as well as offers key asset servicing, position keeping, valuation and accounting functions for various structures of pooled vehicles and funds; Temenos Multifonds Navigator, a net asset value shadow, oversight, and contingency solution; and Temenos Quantum, a multi-experience development platform.