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

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

Analysts Set New Price Targets

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

NN Group Price Performance

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

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.