Temenos Group (OTCMKTS:TMSNY) Stock Rating Lowered by Zacks Research

Temenos Group (OTCMKTS:TMSNY) was downgraded by investment analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research note issued on Monday,Zacks.com reports.

Temenos Group Stock Up 2.4%

OTCMKTS TMSNY traded up $2.28 during trading hours on Monday, hitting $97.53. 17 shares of the company’s stock were exchanged, compared to its average volume of 4,691. The business’s 50 day moving average is $88.58 and its 200-day moving average is $83.77. The company has a debt-to-equity ratio of 1.11, a quick ratio of 0.53 and a current ratio of 0.53. Temenos Group has a 12-month low of $65.55 and a 12-month high of $97.53.

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.