Temenos Group (OTCMKTS:TMSNY) Short Interest Down 65.3% in May
by Danessa Lincoln · The Markets DailyTemenos Group (OTCMKTS:TMSNY – Get Free Report) was the target of a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 59 shares, a drop of 65.3% from the May 14th total of 170 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 4,884 shares, the short-interest ratio is currently 0.0 days.
Temenos Group Price Performance
Shares of Temenos Group stock opened at $82.57 on Friday. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 1.66. Temenos Group has a twelve month low of $70.21 and a twelve month high of $107.27. The business has a 50-day moving average price of $91.22 and a 200 day moving average price of $92.56. The firm has a market cap of $5.61 billion, a PE ratio of 54.32, a P/E/G ratio of 1.68 and a beta of 0.74.
Analyst Ratings Changes
A number of equities analysts have weighed in on the company. Berenberg Bank upgraded Temenos Group to a “hold” rating in a research note on Friday, March 20th. Barclays upgraded Temenos Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, March 4th. Finally, Citigroup upgraded Temenos Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 14th. Two investment analysts have rated the stock with a Strong Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy”.
Check Out Our Latest Report on TMSNY
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.