Temenos Group (OTCMKTS:TMSNY) Shares Gap Down – Should You Sell?

Temenos Group (OTCMKTS:TMSNY)’s stock price gapped down before the market opened on Friday . The stock had previously closed at $101.22, but opened at $97.11. Temenos Group shares last traded at $103.31, with a volume of 60 shares traded.

Analyst Ratings Changes

Separately, Zacks Research lowered shares of Temenos Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 15th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has an average 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 stock has a 50-day moving average of $91.19 and a 200 day moving average of $84.81.

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.