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

NN Group NV Unsponsored ADR (OTCMKTS:NNGRY)’s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as $46.12 and last traded at $45.90, with a volume of 26734 shares. The stock had previously closed at $45.56.

Analyst Upgrades and Downgrades

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

NN Group Price Performance

The stock’s 50 day moving average price is $43.35 and its 200-day moving average price is $41.55. The company has a debt-to-equity ratio of 0.58, a current ratio of 137.28 and a quick ratio of 137.28.

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.