Temenos (OTCMKTS:TMNSF) Cut to Sell at Zacks Investment Research

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Zacks Investment Research downgraded shares of Temenos (OTCMKTS:TMNSF) from a hold rating to a sell rating in a research report sent to investors on Tuesday, Zacks.com reports.

According to Zacks, “Temenos Group AG provides software for bank and financial institutions. It operates primarily in Europe, North America, Asia and the Middle East. Temenos Group AG is headquartered in Geneva, Switzerland. “

Separately, ValuEngine downgraded Temenos from a buy rating to a hold rating in a research report on Thursday, September 12th.

OTCMKTS TMNSF opened at $170.74 on Tuesday. The stock’s fifty day moving average price is $169.26 and its 200 day moving average price is $162.12. Temenos has a 1 year low of $111.00 and a 1 year high of $200.00.

About Temenos

Temenos AG, together with its subsidiaries, develops, markets, and sells integrated banking software systems primarily to banking and other financial services institutions worldwide. The company provides core banking platform for financial institutions; analytics solutions; Front Office, an integrated, role-specific, and multi-channel solution that supports banks daily interactions and long term relationships with their retail, corporate, mass affluent, and HNW customers; and breaking channels solutions, which enables its clients to deliver products and services for various business line through self-service and assisted channels for bank staff and customers.

Further Reading: Diluted Earnings Per Share

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