Temenos Group (OTCMKTS:TMSNY) Sees Large Volume Increase – Here’s What Happened

Temenos Group (OTCMKTS:TMSNY) shares saw unusually-strong trading volume on Friday. Approximately 3,920 shares changed hands during mid-day trading, an increase of 121% from the average daily volume of 1,775 shares. The stock last traded at $95.90 and had previously closed at $94.8450.

Temenos Group Stock Performance

The firm has a 50-day simple moving average of $86.90 and a two-hundred day simple moving average of $88.28. The company has a current ratio of 0.51, a quick ratio of 0.51 and a debt-to-equity ratio of 2.22. The company has a market capitalization of $6.60 billion, a price-to-earnings ratio of 30.85, a price-to-earnings-growth ratio of 2.11 and a beta of 0.74.

Temenos Group (OTCMKTS:TMSNY) last announced its quarterly earnings results on Tuesday, October 27th. The company reported $1.23 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.25 by ($0.02). The firm had revenue of $292.50 million for the quarter, compared to analyst estimates of $300.31 million. Temenos Group had a net margin of 18.64% and a return on equity of 65.48%. As a group, sell-side analysts forecast that Temenos Group will post 4.64 earnings per share for the current fiscal year.

Temenos Group Company Profile

Temenos Group is a Swiss financial technology company that develops software for banks and other financial institutions. Founded in Geneva in 1993, the company provides technology for core banking operations, including managing accounts, deposits, lending and customer transactions. Its offerings also cover digital banking, payments and wealth management, helping financial institutions deliver services through online and mobile channels and support activities such as investment and portfolio management.