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

Temenos Group (OTCMKTS:TMSNY) was the recipient of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 132 shares, a growth of 123.7% from the May 31st total of 59 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 2,638 shares, the days-to-cover ratio is presently 0.1 days.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on TMSNY shares. Citigroup upgraded Temenos Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 14th. Berenberg Bank upgraded Temenos Group to a “hold” rating in a research note on Friday, March 20th. Finally, Barclays raised Temenos Group from a “hold” rating to a “strong-buy” rating in a report on Wednesday, March 4th. Two equities research analysts have rated the stock with a Strong Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy”.

Temenos Group Stock Performance

Shares of OTCMKTS TMSNY opened at $81.49 on Wednesday. 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 company has a 50 day simple moving average of $88.36 and a two-hundred day simple moving average of $91.60. The stock has a market cap of $5.54 billion, a price-to-earnings ratio of 53.61, a PEG ratio of 1.66 and a beta of 0.74.

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.