Temenos Group (OTCMKTS:TMSNY) Short Interest Up 347.4% in May

Temenos Group (OTCMKTS:TMSNY) was the recipient of a large growth in short interest in May. As of May 15th, there was short interest totaling 170 shares, a growth of 347.4% from the April 30th total of 38 shares. Based on an average daily volume of 1,722 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Analyst Upgrades and Downgrades

A number of brokerages have commented on TMSNY. Barclays upgraded Temenos Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, March 4th. Citigroup upgraded Temenos Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 14th. Finally, Berenberg Bank upgraded Temenos Group to a “hold” rating in a research report on Friday, March 20th. Two analysts have rated the stock with a Strong Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, Temenos Group currently has a consensus rating of “Buy”.

Temenos Group Stock Up 4.1%

Shares of TMSNY opened at $86.77 on Friday. The firm has a market capitalization of $6.24 billion, a price-to-earnings ratio of 139.95, a PEG ratio of 1.74 and a beta of 0.77. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.58 and a current ratio of 0.58. The business’s fifty day moving average price is $91.52 and its two-hundred day moving average price is $92.81. Temenos Group has a 52 week low of $70.21 and a 52 week high of $107.27.

Temenos Group (OTCMKTS:TMSNY) last announced its quarterly earnings data on Thursday, February 26th. The company reported $0.62 EPS for the quarter. Temenos Group had a return on equity of 64.88% and a net margin of 26.21%.The firm had revenue of $314.64 million for the quarter. On average, analysts predict that Temenos Group will post 4.82 earnings per share for the current year.

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.