Temenos (OTCMKTS:TMNSF) Shares Gap Down – Here’s Why

Shares of Temenos AG (OTCMKTS:TMNSF) gapped down before the market opened on Tuesday . The stock had previously closed at $96.80, but opened at $82.60. Temenos shares last traded at $82.60, with a volume of 2 shares changing hands.

Temenos Trading Down 14.7%

The stock’s 50-day simple moving average is $86.18 and its two-hundred day simple moving average is $85.89.

About Temenos

Temenos AG is a Swiss-based provider of banking software and services, offering a comprehensive suite of solutions designed to meet the needs of retail banks, corporate financial institutions, private banks, microfinance organizations and credit unions. The company’s flagship platform, Temenos Transact, delivers core banking capabilities, while Temenos Infinity supports digital front-office operations. Together, these systems enable banks to manage deposits, lending, payments, customer relationships, analytics and regulatory compliance on a unified, API-driven architecture.

In addition to core and digital banking applications, Temenos develops specialized modules for risk management, revenue assurance, treasury operations, anti-financial crime and wealth management.