Temenos Group (OTCMKTS:TMSNY) Shares Gap Down – Time to Sell?

Temenos Group (OTCMKTS:TMSNY) shares gapped down before the market opened on Monday . The stock had previously closed at $90.26, but opened at $85.49. Temenos Group shares last traded at $86.27, with a volume of 6 shares traded.

Analysts Set New Price Targets

TMSNY has been the topic of several research reports. Citigroup upgraded shares of Temenos Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 14th. Berenberg Bank upgraded shares of Temenos Group to a “hold” rating in a research report on Friday, March 20th. Finally, Barclays upgraded shares of Temenos Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, March 4th. Two investment analysts have rated the stock with a Strong Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy”.

Temenos Group Stock Performance

The company has a market cap of $6.23 billion, a P/E ratio of 56.96, a PEG ratio of 1.74 and a beta of 0.74. The company has a 50 day moving average price of $91.31 and a 200-day moving average price of $92.66. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 1.66.

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.