NN Group (OTCMKTS:NNGRY) Sees Large Volume Increase – Here’s What Happened

NN Group NV Unsponsored ADR (OTCMKTS:NNGRY – Get Free Report) saw an uptick in trading volume on Wednesday . 214,044 shares were traded during mid-day trading, an increase of 203% from the previous session’s volume of 70,602 shares.The stock last traded at $41.45 and had previously closed at $41.48.

Wall Street Analyst Weigh In

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, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, NN Group presently has an average rating of “Hold”.

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NN Group Price Performance

The company’s 50-day simple moving average is $42.60 and its 200 day simple moving average is $39.98. The company has a debt-to-equity ratio of 0.58, a quick ratio of 137.28 and a current ratio of 137.28.

NN Group Company Profile

(Get Free Report)

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.

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