Temenos AG (OTCMKTS:TMNSF) dropped 3% during trading on Thursday . The stock traded as low as $172.25 and last traded at $172.25, approximately 40 shares changed hands during trading. An increase of 1,567% from the average daily volume of 2 shares. The stock had previously closed at $177.60.
Separately, Zacks Investment Research downgraded CGI from a “buy” rating to a “hold” rating in a research note on Wednesday, June 19th.
The company’s 50-day moving average price is $176.72.
Temenos AG, together with its subsidiaries, develops, markets, and sells integrated banking software systems primarily to banking and other financial services institutions worldwide. The company provides core banking platform for financial institutions; analytics solutions; Front Office, an integrated, role-specific, and multi-channel solution that supports banks daily interactions and long term relationships with their retail, corporate, mass affluent, and HNW customers; and breaking channels solutions, which enables its clients to deliver products and services for various business line through self-service and assisted channels for bank staff and customers.
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