NN Group (OTCMKTS:NNGRY) Hits New 1-Year High – Time to Buy?

NN Group NV Unsponsored ADR (OTCMKTS:NNGRYGet Free Report)’s share price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $45.2099 and last traded at $45.2099, with a volume of 56920 shares. The stock had previously closed at $44.63.

Wall Street Analysts Forecast Growth

Separately, Zacks Research downgraded shares of NN Group from a “strong-buy” rating to a “hold” rating in a report on Monday, April 20th. Two investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Read Our Latest Stock Analysis on NN Group

NN Group Trading Up 1.0%

The business has a 50 day simple moving average of $43.24 and a 200-day simple moving average of $41.36. The company has a quick ratio of 137.28, a current ratio of 137.28 and a debt-to-equity ratio of 0.58.

About NN Group

(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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