NN Group (OTCMKTS:NNGRY) Reaches New 1-Year High – Here’s What Happened

NN Group NV Unsponsored ADR (OTCMKTS:NNGRY) hit a new 52-week high during trading on Thursday . The stock traded as high as $48.11 and last traded at $45.95, with a volume of 224218 shares trading hands. The stock had previously closed at $46.16.

Wall Street Analyst Weigh In

Separately, Zacks Research lowered shares of NN Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 20th. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, NN Group has an average rating of “Moderate Buy”.

NN Group Trading Down 0.5%

The firm’s 50-day moving average price is $44.15 and its 200 day moving average price is $42.19. The company has a debt-to-equity ratio of 0.58, a current ratio of 137.28 and a quick ratio of 137.28.

NN Group Company Profile

NN Group N.V. (OTCMKTS:NNGRY) is a Dutch insurance and asset management company that provides a range of life and non-life insurance products, pension and retirement solutions, and investment management services. Its product offering typically includes individual and group life insurance, annuities, disability and health-related coverages, property & casualty insurance, and savings and retirement planning products aimed at both retail and corporate clients. The company also manages assets on behalf of its insurance operations and third-party institutional and individual investors.

NN Group traces its corporate structure to the Dutch insurer Nationale-Nederlanden and was established as a separate, publicly listed company following a demerger from ING Group in the mid-2010s.