Temenos (OTCMKTS:TMNSF) Shares Up 1.5% - Still a Buy?

Key Points

• Temenos AG stock rose by 1.5%, closing at $79.63 after reaching a high of $80.12 during trading.
• The stock's trading volume significantly decreased, with only 2 shares changing hands, compared to the average daily volume of 200 shares.
• Temenos develops integrated banking software systems, including products like Temenos Banking Cloud and Temenos Infinity, catering to financial institutions globally.

Shares of Temenos AG (OTCMKTS:TMNSF - Get Free Report) shot up 1.5% on Monday . The stock traded as high as $80.12 and last traded at $79.63. 2 shares were traded during trading, a decline of 99% from the average session volume of 200 shares. The stock had previously closed at $78.44.

Temenos Stock Performance

The company has a 50 day moving average price of $88.34 and a two-hundred day moving average price of $79.96.

Temenos Company Profile

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.