NN Group (OTCMKTS:NNGRY) Reaches New 12-Month High – Here’s What Happened

NN Group NV Unsponsored ADR (OTCMKTS:NNGRY) shares reached a new 52-week high during trading on Thursday . The company traded as high as $47.49 and last traded at $47.35, with a volume of 1069 shares traded. The stock had previously closed at $46.88.

Wall Street Analysts Forecast Growth

Separately, Zacks Research lowered NN Group from a “strong-buy” rating to a “hold” rating in a report on Monday, April 20th. Two equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, NN Group presently has an average rating of “Hold”.

NN Group Stock Up 1.2%

The company has a debt-to-equity ratio of 0.58, a quick ratio of 137.28 and a current ratio of 137.28. The company’s fifty day moving average is $43.69 and its 200-day moving average is $41.90.

About NN Group

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.