NN Group (NNGRY) Projected to Post Earnings on Thursday

NN Group (OTCMKTS:NNGRY) will likely be announcing its resultson Thursday, August 6th. Analysts expect the company to announce earnings of $2.11 per share and revenue of $2.8199 billion for the quarter.

NN Group Stock Up 1.2%

Shares of NNGRY stock opened at $46.10 on Thursday. The company has a current ratio of 137.28, a quick ratio of 137.28 and a debt-to-equity ratio of 0.58. The stock has a 50 day simple moving average of $43.39 and a 200 day simple moving average of $41.60. NN Group has a 1 year low of $33.16 and a 1 year high of $46.13.

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 research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, NN Group has a consensus rating of “Hold”.

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.