Temenos Group (OTCMKTS:TMSNY) Shares Gap Down – Time to Sell?

Shares of Temenos Group (OTCMKTS:TMSNY) gapped down before the market opened on Thursday . The stock had previously closed at $86.30, but opened at $82.63. Temenos Group shares last traded at $81.93, with a volume of 150 shares traded.

Analyst Ratings Changes

TMSNY has been the topic of a number of recent research reports. Citigroup upgraded shares of Temenos Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 14th. Berenberg Bank upgraded shares of Temenos Group to a “hold” rating in a research report on Friday, March 20th. Finally, Barclays upgraded shares of Temenos Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, March 4th. 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 MarketBeat, the stock presently has a consensus rating of “Buy”.

Temenos Group Stock Up 1.5%

The stock has a market capitalization of $6.06 billion, a price-to-earnings ratio of 135.84, a price-to-earnings-growth ratio of 1.73 and a beta of 0.77. The business’s 50-day moving average is $91.92 and its two-hundred day moving average is $92.90. The company has a quick ratio of 0.58, a current ratio of 0.58 and a debt-to-equity ratio of 1.66.

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

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.