Temenos Group (OTCMKTS:TMSNY) Sees Unusually-High Trading Volume – Here’s What Happened

Temenos Group (OTCMKTS:TMSNY) saw unusually-strong trading volume on Friday. 3,920 shares were traded during mid-day trading, an increase of 121% from the average daily volume of 1,775 shares. The stock last traded at $95.90 and had previously closed at $94.8450.

Temenos Group Stock Up 1.5%

The business’s 50-day moving average price is $86.90 and its 200-day moving average price is $88.28. The company has a quick ratio of 0.51, a current ratio of 0.51 and a debt-to-equity ratio of 2.22. The firm has a market capitalization of $6.60 billion, a PE ratio of 30.85, a price-to-earnings-growth ratio of 2.11 and a beta of 0.74.

Temenos Group (OTCMKTS:TMSNY) last announced its quarterly earnings data on Tuesday, October 27th. The company reported $1.23 EPS for the quarter, missing analysts’ consensus estimates of $1.25 by ($0.02). The company had revenue of $292.50 million for the quarter, compared to analysts’ expectations of $300.31 million. Temenos Group had a net margin of 18.64% and a return on equity of 65.48%. As a group, equities research analysts predict that Temenos Group will post 4.64 EPS for the current fiscal year.

About Temenos Group

Temenos Group is a Swiss financial technology company that develops software for banks and other financial institutions. Founded in Geneva in 1993, the company provides technology for core banking operations, including managing accounts, deposits, lending and customer transactions. Its offerings also cover digital banking, payments and wealth management, helping financial institutions deliver services through online and mobile channels and support activities such as investment and portfolio management.