Temenos Group (OTCMKTS:TMSNY) Shares Down 2.4% - Time to Sell?

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

Analyst Ratings Changes

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

Temenos Group Price Performance

The company has a 50-day moving average of $74.20 and a 200 day moving average of $77.31. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.59 and a current ratio of 0.59.

Temenos Group Increases Dividend

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