Short Interest in Temenos Group (OTCMKTS:TMSNY) Decreases By 65.3%

Temenos Group (OTCMKTS:TMSNY) was the recipient of a significant decrease in short interest in the month of May. As of May 29th, there was short interest totaling 59 shares, a decrease of 65.3% from the May 14th total of 170 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 4,884 shares, the days-to-cover ratio is currently 0.0 days.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on TMSNY shares. Citigroup upgraded shares of Temenos Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 14th. Barclays upgraded shares of Temenos Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, March 4th. Finally, Berenberg Bank upgraded shares of 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 issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Temenos Group presently has a consensus rating of “Buy”.

Temenos Group Price Performance

OTCMKTS TMSNY opened at $80.97 on Friday. Temenos Group has a 52 week low of $70.21 and a 52 week high of $107.27. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 1.66. The stock has a market cap of $5.50 billion, a price-to-earnings ratio of 53.27, a price-to-earnings-growth ratio of 1.62 and a beta of 0.74. The company has a 50-day moving average price of $91.07 and a two-hundred day moving average price of $92.48.

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.