Temenos Group (OTCMKTS:TMSNY) Shares Gap Down – Should You Sell?

Temenos Group (OTCMKTS:TMSNY) shares gapped down before the market opened on Thursday . The stock had previously closed at $91.28, but opened at $86.29. Temenos Group shares last traded at $85.58, with a volume of 538 shares.

Analyst Ratings Changes

Several research firms have commented on TMSNY. Barclays raised shares of Temenos Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, March 4th. Citigroup raised shares of Temenos Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 14th. Finally, Berenberg Bank raised shares of Temenos Group to a “hold” rating in a report on Friday, March 20th. Two equities research analysts have rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, Temenos Group has an average rating of “Buy”.

Temenos Group Price Performance

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 company has a market cap of $6.13 billion, a P/E ratio of 137.41, a PEG ratio of 1.85 and a beta of 0.77. The business’s fifty day moving average is $92.97 and its 200 day moving average is $93.16.

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

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.