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

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

Temenos Group Stock Down 1.0%

Shares of OTCMKTS TMSNY traded down $0.98 during midday trading on Monday, hitting $94.38. 627 shares of the company’s stock were exchanged, compared to its average volume of 1,234. The company has a debt-to-equity ratio of 1.66, a quick ratio of 0.58 and a current ratio of 0.58. Temenos Group has a 12 month low of $70.21 and a 12 month high of $107.27. The company’s 50 day moving average price is $93.33 and its 200 day moving average price is $92.83.

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

Analyst Upgrades and Downgrades

TMSNY has been the topic of a number of recent research reports. Berenberg Bank raised Temenos Group to a “hold” rating in a research report on Friday, March 20th. Barclays raised Temenos Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, March 4th. Finally, Citigroup raised 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 company. According to data from MarketBeat.com, the stock currently has an average rating of “Buy”.

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.