Temenos Group (OTCMKTS:TMSNY) Shares Shorted: Short Interest Up 324.7% in October

Temenos Group (OTCMKTS:TMSNY) was the target of a large growth in short interest in October. As of October 30th, there was short interest totaling 310 shares, a growth of 324.7% from the October 15th total of 73 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 3,959 shares, the days-to-cover ratio is currently 0.1 days.

Temenos Group Stock Up 0.8%

TMSNY traded up $0.72 during trading on Friday, hitting $95.57. 4,497 shares of the company’s stock traded hands, compared to its average volume of 1,792. The stock has a market capitalization of $6.56 billion, a price-to-earnings ratio of 30.63, a PEG ratio of 2.11 and a beta of 0.74. The company’s 50 day simple moving average is $86.90 and its two-hundred day simple moving average is $88.28. Temenos Group has a 12-month low of $74.88 and a 12-month high of $107.27. The company has a current ratio of 0.51, a quick ratio of 0.51 and a debt-to-equity ratio of 2.22.

Temenos Group (OTCMKTS:TMSNY) last posted its quarterly earnings results on Tuesday, October 27th. The company reported $1.23 earnings per share for the quarter, missing the consensus estimate of $1.25 by ($0.02). The business had revenue of $292.50 million during the quarter, compared to analysts’ expectations of $300.31 million. Temenos Group had a return on equity of 65.48% and a net margin of 18.64%. Analysts predict that Temenos Group will post 4.64 earnings per share for the current fiscal year.

About Temenos Group

Temenos Group is a Swiss financial technology company that develops software for banks and other financial institutions. Founded in Geneva in 1993, the company provides technology for core banking operations, including managing accounts, deposits, lending and customer transactions. Its offerings also cover digital banking, payments and wealth management, helping financial institutions deliver services through online and mobile channels and support activities such as investment and portfolio management.