Temenos Group (OTCMKTS:TMSNY) Short Interest Down 91.7% in April

Temenos Group (OTCMKTS:TMSNY) was the target of a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 38 shares, a decline of 91.7% from the April 15th total of 460 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 2,274 shares, the days-to-cover ratio is currently 0.0 days.

Temenos Group Price Performance

Shares of TMSNY traded down $0.98 during trading hours on Monday, hitting $94.38. 627 shares of the company were exchanged, compared to its average volume of 1,234. Temenos Group has a fifty-two week low of $70.21 and a fifty-two week high of $107.27. 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 firm’s fifty day moving average is $93.33 and its 200 day moving average is $92.83.

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

Analyst Ratings Changes

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

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.