Temenos Group (OTCMKTS:TMSNY) Trading Down 5.4% – Here’s Why

Shares of Temenos Group (OTCMKTS:TMSNY) fell 5.4% on Friday . The company traded as low as $85.45 and last traded at $86.37. 105 shares traded hands during trading, a decline of 94% from the average session volume of 1,905 shares. The stock had previously closed at $91.28.

Wall Street Analyst Weigh In

A number of research firms have weighed in on TMSNY. Barclays raised Temenos Group from a “hold” rating to a “strong-buy” rating in a 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. According to MarketBeat.com, the stock has an average rating of “Buy”.

Temenos Group Trading Down 1.6%

The stock has a market cap of $6.09 billion, a P/E ratio of 136.52, a P/E/G ratio of 1.83 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 stock has a 50-day moving average price of $92.76 and a 200-day moving average price of $93.10.

Temenos Group (OTCMKTS:TMSNY) last issued its quarterly earnings results on Thursday, February 26th. The company reported $0.62 earnings per share (EPS) for the quarter. The firm had revenue of $314.64 million during the quarter. Temenos Group had a return on equity of 52.71% and a net margin of 25.72%. On average, equities research analysts expect that Temenos Group will post 4.82 EPS for the current year.

About Temenos Group

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.