NN Group (OTCMKTS:NNGRY) Shares Gap Down – Here’s What Happened

Shares of NN Group NV Unsponsored ADR (OTCMKTS:NNGRY) gapped down prior to trading on Monday . The stock had previously closed at $47.45, but opened at $45.56. NN Group shares last traded at $45.6936, with a volume of 484,727 shares changing hands.

Wall Street Analyst Weigh In

Separately, Zacks Research raised shares of NN Group to a “hold” rating in a report on Friday, August 14th. Two research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

NN Group Price Performance

The stock has a fifty day moving average of $44.54 and a 200-day moving average of $42.39. The company has a quick ratio of 137.28, a current ratio of 137.28 and a debt-to-equity ratio of 0.58.

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.