Temenos Group (OTCMKTS:TMSNY) Sets New 52-Week High – Here’s Why

Temenos Group (OTCMKTS:TMSNY)’s stock price reached a new 52-week high during trading on Thursday . The stock traded as high as $95.38 and last traded at $95.3150, with a volume of 83 shares changing hands. The stock had previously closed at $94.18.

Wall Street Analysts Forecast Growth

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

Temenos Group Trading Up 1.2%

The firm’s 50-day simple moving average is $83.20 and its two-hundred day simple moving average is $80.63. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.53 and a current ratio of 0.53.

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.