Temenos Group (OTCMKTS:TMSNY) Reaches New 52-Week High – Still a Buy?

Shares of Temenos Group (OTCMKTS:TMSNY) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $95.38 and last traded at $95.3150, with a volume of 83 shares. The stock had previously closed at $94.18.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised Temenos Group from a “hold” rating to a “strong-buy” rating in a report 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 stock. Based on data from MarketBeat, Temenos Group has a consensus rating of “Buy”.

Temenos Group Trading Down 2.2%

The company has a debt-to-equity ratio of 1.11, a current ratio of 0.53 and a quick ratio of 0.53. The firm has a 50-day moving average price of $83.70 and a two-hundred day moving average price of $80.87.

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.