Temenos Group (OTCMKTS:TMSNY) Sets New 1-Year High – Here’s What Happened

Temenos Group (OTCMKTS:TMSNY) shares reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $103.74 and last traded at $103.74, with a volume of 780 shares traded. The stock had previously closed at $101.18.

Analysts Set New Price Targets

Separately, Zacks Research downgraded Temenos Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 15th. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has a consensus rating of “Hold”.

Temenos Group Price Performance

The company has a quick ratio of 0.53, a current ratio of 0.53 and a debt-to-equity ratio of 1.11. The company’s 50 day moving average is $93.77 and its 200-day moving average is $85.95.

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.