Temenos Group (OTCMKTS:TMSNY) Sets New 1-Year High – Here’s Why

Temenos Group (OTCMKTS:TMSNY) reached a new 52-week high on Monday . The stock traded as high as $107.17 and last traded at $106.7850, with a volume of 132 shares trading hands. The stock had previously closed at $104.83.

Analysts Set New Price Targets

Separately, Zacks Research downgraded Temenos Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 15th. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has a consensus rating of “Hold”.

Temenos Group Price Performance

The firm has a 50-day moving average price of $95.75 and a two-hundred day moving average price of $87.47. The company has a debt-to-equity ratio of 1.11, a current ratio of 0.53 and a quick ratio of 0.53.

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.