Temenos Group (OTCMKTS:TMSNY) Sees Large Volume Increase – Should You Buy?

Temenos Group (OTCMKTS:TMSNY) shares saw an uptick in trading volume on Thursday . 5,809 shares traded hands during mid-day trading, an increase of 244% from the previous session’s volume of 1,689 shares.The stock last traded at $100.1970 and had previously closed at $103.61.

Analyst Upgrades and Downgrades

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

Temenos Group Stock Down 3.3%

The company has a current ratio of 0.53, a quick ratio of 0.53 and a debt-to-equity ratio of 1.11. The stock’s fifty day moving average price is $95.96 and its two-hundred day moving average price is $87.59.

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.