Temenos Group (OTCMKTS:TMSNY) Sees Large Growth in Short Interest

Temenos Group (OTCMKTS:TMSNY) saw a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 170 shares, a growth of 347.4% from the April 30th total of 38 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 1,722 shares, the days-to-cover ratio is presently 0.1 days.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Berenberg Bank upgraded Temenos Group to a “hold” rating in a research report on Friday, March 20th. Barclays upgraded Temenos Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, March 4th. Finally, Citigroup upgraded Temenos Group from a “hold” rating to a “strong-buy” rating in a research 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 stock. According to MarketBeat.com, Temenos Group currently has an average rating of “Buy”.

Temenos Group Trading Up 0.5%

OTCMKTS:TMSNY opened at $83.39 on Friday. Temenos Group has a fifty-two week low of $70.21 and a fifty-two week high of $107.27. The company has a debt-to-equity ratio of 1.66, a current ratio of 0.58 and a quick ratio of 0.58. The stock has a market capitalization of $6.00 billion, a PE ratio of 134.49, a price-to-earnings-growth ratio of 1.66 and a beta of 0.77. The business’s 50-day simple moving average is $91.66 and its 200-day simple moving average is $92.85.

Temenos Group (OTCMKTS:TMSNY) last released its quarterly earnings data on Thursday, February 26th. The company reported $0.62 earnings per share 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 for the quarter. Sell-side analysts expect that Temenos Group will post 4.82 earnings per share for the current fiscal year.

Temenos Group Company Profile

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.