NN Group (OTCMKTS:NNGRY) Stock Falls 0.4% – What’s Next?

NN Group NV Unsponsored ADR (OTCMKTS:NNGRY)’s share price traded down 0.4% during mid-day trading on Wednesday. The stock traded as low as $44.89 and last traded at $45.12. 20,719 shares changed hands during mid-day trading, a decline of 53% from the average session volume of 44,138 shares. The stock had previously closed at $45.3180.

Wall Street Analyst Weigh In

NNGRY has been the subject of a number of recent analyst reports. Citigroup reaffirmed a “neutral” rating on shares of NN Group in a research note on Tuesday, September 1st. Zacks Research raised shares of NN Group to a “hold” rating in a research report on Friday, August 14th. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold”.

NN Group Stock Performance

The firm has a 50 day moving average price of $44.16 and a 200 day moving average price of $42.94.

About NN Group

NN Group is a Dutch financial services company focused on insurance and retirement products. Its offerings include life and non-life insurance, pensions, employee benefits, and banking services, primarily for individuals, families, and businesses. Headquartered in The Hague, the company serves customers in the Netherlands and other European markets, as well as Japan. Its businesses operate under brands including Nationale-Nederlanden and NN. NN Group was established in 2014 when ING Group separated its insurance and investment management businesses.