Temenos Group (OTCMKTS:TMSNY) Sees Large Volume Increase – Still a Buy?

Shares of Temenos Group (OTCMKTS:TMSNY) saw unusually-strong trading volume on Thursday. Approximately 1,902 shares were traded during trading, an increase of 8% from the previous session’s volume of 1,756 shares. The stock last traded at $90.49 and had previously closed at $88.8250.

Temenos Group Price Performance

The company has a quick ratio of 0.51, a current ratio of 0.51 and a debt-to-equity ratio of 2.22. The firm has a market capitalization of $6.20 billion, a PE ratio of 31.95, a PEG ratio of 1.81 and a beta of 0.77. The firm’s fifty day simple moving average is $86.34 and its 200-day simple moving average is $87.19.

Temenos Group (OTCMKTS:TMSNY) last issued its earnings results on Wednesday, July 22nd. The company reported $1.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.34 by ($0.03). Temenos Group had a return on equity of 55.57% and a net margin of 17.50%. The firm had revenue of $281.48 million during the quarter, compared to the consensus estimate of $303.68 million. On average, research analysts forecast that Temenos Group will post 4.76 earnings per share for the current fiscal year.

About Temenos Group

Temenos Group AG is a Switzerland-based financial technology company that develops enterprise software for banks and other financial institutions. Founded in 1993 and headquartered in Geneva, Temenos provides technology designed to support core banking operations, digital banking, payments, wealth management and related financial services.

Its product portfolio includes core banking platforms, digital engagement tools, payment processing solutions, financial crime mitigation and risk-management capabilities, as well as data and analytics applications.