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Temenos Group (OTCMKTS:TMSNY) Rating Lowered to Hold at Zacks Research

Temenos Group logo with Computer and Technology background

Key Points

  • Temenos Group's rating was downgraded from "strong-buy" to "hold" by investment analysts at Zacks Research.
  • The company's stock opened at $81.21, with a 12-month range of $63.06 to $93.20.
  • Temenos specializes in developing integrated banking software systems, including platforms for digital banking and core banking services.
  • MarketBeat previews the top five stocks to own by October 1st.

Temenos Group (OTCMKTS:TMSNY - Get Free Report) was downgraded by investment analysts at Zacks Research from a "strong-buy" rating to a "hold" rating in a research report issued on Tuesday,Zacks.com reports.

Temenos Group Stock Performance

OTCMKTS TMSNY opened at $81.21 on Tuesday. The company has a fifty day simple moving average of $85.79 and a 200 day simple moving average of $78.79. Temenos Group has a 12-month low of $63.06 and a 12-month high of $93.20. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.59 and a quick ratio of 0.59.

About Temenos Group

(Get Free Report)

Temenos AG develops, markets, and sells integrated banking software systems to banking and other financial institutions worldwide. Its Temenos Banking Cloud helps banks to offer open banking services. The company provides Temenos Infinity, a digital banking platform; Temenos Transact, a core banking software for retail, corporate, treasury, wealth, and payments; Temenos Payments, a software-as-a-service payments technology; Temenos Multifonds, a platform for traditional and alternative funds, as well as offers key asset servicing, position keeping, valuation and accounting functions for various structures of pooled vehicles and funds; Temenos Multifonds Navigator, a net asset value shadow, oversight, and contingency solution; and Temenos Quantum, a multi-experience development platform.

Further Reading

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