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

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

Analysts Set New Price Targets

Separately, Zacks Research downgraded 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 issued a Hold rating to the company’s stock. According to data from MarketBeat.com, NN Group currently has an average rating of “Hold”.

NN Group Stock Up 1.0%

The firm’s fifty day simple moving average is $43.35 and its 200 day simple moving average is $41.55. 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.