Temenos (OTCMKTS:TMNSF) Sets New 1-Year Low – Here’s Why

Temenos AG (OTCMKTS:TMNSF) reached a new 52-week low during trading on Thursday . The stock traded as low as $70.83 and last traded at $70.83, with a volume of 500 shares changing hands. The stock had previously closed at $73.33.

Analysts Set New Price Targets

Separately, Barclays upgraded shares of Temenos to a “hold” rating in a report on Monday, September 30th.

Temenos Trading Down 3.4 %

The business has a fifty day moving average of $73.32 and a 200 day moving average of $72.23.

About Temenos

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.