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

Temenos Group (OTCMKTS:TMSNY) saw unusually-high trading volume on Tuesday . Approximately 6,129 shares changed hands during trading, an increase of 199% from the previous session’s volume of 2,050 shares.The stock last traded at $81.61 and had previously closed at $83.57.

Analyst Upgrades and Downgrades

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, According to MarketBeat, Temenos Group has a consensus rating of “Hold”.

Temenos Group Trading Down 2.0%

The business has a 50 day simple moving average of $95.45 and a 200-day simple moving average of $89.52. The company has a quick ratio of 0.41, a current ratio of 0.41 and a debt-to-equity ratio of 1.35.

About Temenos Group

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.