Temenos Group (OTCMKTS:TMSNY) Stock Price Down 2.4% - Here's Why

Shares of Temenos Group (OTCMKTS:TMSNY - Get Free Report) were down 2.4% during mid-day trading on Monday . The company traded as low as $71.66 and last traded at $71.66. Approximately 2,413 shares were traded during mid-day trading, an increase of 15% from the average daily volume of 2,098 shares. The stock had previously closed at $73.45.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft restated a "hold" rating on shares of Temenos Group in a research report on Thursday, April 24th.

Temenos Group Stock Up 1.5%

The company has a debt-to-equity ratio of 0.73, a current ratio of 0.59 and a quick ratio of 0.59. The business has a 50-day moving average price of $74.10 and a 200-day moving average price of $77.31.

Temenos Group Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, May 29th. Stockholders of record on Monday, May 19th were given a $0.9769 dividend. The ex-dividend date was Friday, May 16th. This is a positive change from Temenos Group's previous dividend of $0.80. This represents a dividend yield of 1.31%.

About Temenos Group

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.