NN Group (OTCMKTS:NNGRY) Shares Up 0.5% – Time to Buy?

NN Group NV Unsponsored ADR (OTCMKTS:NNGRY)’s share price traded up 0.5% during trading on Wednesday. The stock traded as high as $43.16 and last traded at $43.02. 28,908 shares changed hands during mid-day trading, a decline of 29% from the average daily volume of 40,719 shares. The stock had previously closed at $42.81.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. Citigroup restated a “neutral” rating on shares of NN Group in a report on Tuesday, September 1st. Zacks Research raised NN Group to a “hold” rating in a research report on Friday, August 14th. Two research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, NN Group presently has an average rating of “Moderate Buy”.

NN Group Stock Up 0.3%

The stock has a fifty day moving average of $44.51 and a 200-day moving average of $43.99.

NN Group Company Profile

NN Group N.V. is a Netherlands-based financial services company that provides insurance, retirement, investment and banking-related products to individuals, businesses and institutional customers. Its activities include life and protection insurance, property and casualty insurance, pensions, retirement solutions, mortgages and other financial services.

The company operates primarily through the Nationale-Nederlanden and NN brands. Its insurance and retirement operations serve customers in the Netherlands and selected European markets, while its investment management business provides asset-management services to institutional and individual investors.