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Temenos (OTCMKTS:TMSNY) Stock Price Down 0.2% - Here's Why

Temenos logo with Computer and Technology background

Shares of Temenos AG (OTCMKTS:TMSNY - Get Free Report) fell 0.2% during mid-day trading on Friday . The stock traded as low as $76.35 and last traded at $76.84. 1,506 shares changed hands during trading, a decline of 72% from the average session volume of 5,411 shares. The stock had previously closed at $76.96.

Wall Street Analysts Forecast Growth

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

Check Out Our Latest Analysis on TMSNY

Temenos Stock Performance

The firm's 50-day moving average price is $74.27 and its 200 day moving average price is $76.23.

Temenos Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, May 29th. Shareholders of record on Monday, May 19th were issued a dividend of $0.9769 per share. This represents a yield of 1.31%. The ex-dividend date of this dividend was Friday, May 16th. This is an increase from Temenos's previous dividend of $0.80.

Temenos Company Profile

(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.

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