Temenos Group (OTCMKTS:TMSNY) Sees Unusually-High Trading Volume – Time to Buy?

Shares of Temenos Group (OTCMKTS:TMSNY) saw unusually-strong trading volume on Tuesday . Approximately 6,129 shares were traded during mid-day trading, an increase of 199% from the previous session’s volume of 2,050 shares.The stock last traded at $81.61 and had previously closed at $83.57.

Wall Street Analysts Forecast Growth

Separately, Zacks Research cut shares of Temenos Group from a “strong-buy” rating to a “hold” rating in a report on Monday, December 15th. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock has an average rating of “Hold”.

Temenos Group Stock Down 0.3%

The firm’s fifty day simple moving average is $94.71 and its 200 day simple moving average is $89.37. The company has a quick ratio of 0.41, a current ratio of 0.41 and a debt-to-equity ratio of 1.35.

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.