Temenos Group (OTCMKTS:TMSNY) Stock Price Up 0.5% – Still a Buy?

Temenos Group (OTCMKTS:TMSNY) shares were up 0.5% during mid-day trading on Thursday . The stock traded as high as $95.34 and last traded at $94.07. Approximately 3,380 shares traded hands during trading, an increase of 136% from the average daily volume of 1,431 shares. The stock had previously closed at $93.59.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised shares of Temenos Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 29th. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Buy”.

Temenos Group Stock Performance

The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt-to-equity ratio of 1.11. The firm has a fifty day simple moving average of $86.34 and a 200-day simple moving average of $82.45.

Temenos Group Company Profile

Temenos AG develops, markets, and sells integrated banking software systems to banking and other financial institutions worldwide. Its Temenos Banking Cloud helps banks to offer open banking services. The company provides Temenos Infinity, a digital banking platform; Temenos Transact, a core banking software for retail, corporate, treasury, wealth, and payments; Temenos Payments, a software-as-a-service payments technology; Temenos Multifonds, a platform for traditional and alternative funds, as well as offers key asset servicing, position keeping, valuation and accounting functions for various structures of pooled vehicles and funds; Temenos Multifonds Navigator, a net asset value shadow, oversight, and contingency solution; and Temenos Quantum, a multi-experience development platform.