Temenos (OTCMKTS:TMNSF) Hits New 1-Year Low – Time to Sell?

Temenos AG (OTCMKTS:TMNSF)’s stock price hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $70.83 and last traded at $70.83, with a volume of 500 shares traded. The stock had previously closed at $73.33.

Wall Street Analyst Weigh In

Separately, Barclays upgraded Temenos to a “hold” rating in a research note on Monday, September 30th.

Temenos Trading Down 3.4 %

The firm has a 50-day simple moving average of $73.32 and a two-hundred day simple 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.