Temenos Group (OTCMKTS:TMSNY) Sets New 1-Year High – Here’s What Happened

Shares of Temenos Group (OTCMKTS:TMSNY) reached a new 52-week high during mid-day trading on Friday . The company traded as high as $96.50 and last traded at $96.34, with a volume of 10 shares traded. The stock had previously closed at $94.07.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded Temenos Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 29th. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, Temenos Group has an average rating of “Buy”.

Temenos Group Stock Up 2.8%

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 business’s fifty day moving average price is $86.34 and its 200-day moving average price is $82.45.

About Temenos Group

Temenos AG develops, markets, and sells integrated banking software systems to banking and other financial institutions worldwide. Its Temenos Banking Cloud helps banks to offer open banking services. The company provides Temenos Infinity, a digital banking platform; Temenos Transact, a core banking software for retail, corporate, treasury, wealth, and payments; Temenos Payments, a software-as-a-service payments technology; Temenos Multifonds, a platform for traditional and alternative funds, as well as offers key asset servicing, position keeping, valuation and accounting functions for various structures of pooled vehicles and funds; Temenos Multifonds Navigator, a net asset value shadow, oversight, and contingency solution; and Temenos Quantum, a multi-experience development platform.