Temenos Group (OTCMKTS:TMSNY) Short Interest Down 91.7% in April

Temenos Group (OTCMKTS:TMSNY) saw a large decrease in short interest during the month of April. As of April 30th, there was short interest totaling 38 shares, a decrease of 91.7% from the April 15th total of 460 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 2,274 shares, the days-to-cover ratio is presently 0.0 days.

Analysts Set New Price Targets

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

Temenos Group Trading Down 1.0%

OTCMKTS TMSNY opened at $94.38 on Tuesday. The company has a market cap of $6.79 billion, a PE ratio of 152.23, a PEG ratio of 1.91 and a beta of 0.77. The company has a current ratio of 0.58, a quick ratio of 0.58 and a debt-to-equity ratio of 1.66. Temenos Group has a 12 month low of $70.21 and a 12 month high of $107.27. The stock has a 50 day moving average of $93.33 and a 200-day moving average of $92.83.

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