Temenos Group (OTCMKTS:TMSNY) Short Interest Down 65.3% in May

Temenos Group (OTCMKTS:TMSNY) saw a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 59 shares, a decline of 65.3% from the May 14th total of 170 shares. Based on an average daily trading volume, of 4,884 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

Wall Street Analyst Weigh In

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

Temenos Group Trading Down 1.4%

Shares of Temenos Group stock opened at $82.57 on Friday. The stock has a market cap of $5.61 billion, a P/E ratio of 54.32, a P/E/G ratio of 1.68 and a beta of 0.74. The stock’s 50 day simple moving average is $91.22 and its 200-day simple moving average is $92.56. Temenos Group has a 1-year low of $70.21 and a 1-year high of $107.27. The company has a debt-to-equity ratio of 1.66, a current ratio of 0.58 and a quick ratio of 0.58.

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.