NN Group (OTCMKTS:NNGRY) Rating Lowered to “Hold” at Zacks Research

NN Group (OTCMKTS:NNGRY) was downgraded by investment analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a report released on Monday,Zacks.com reports.

NN Group Price Performance

NN Group stock traded up $0.37 during mid-day trading on Monday, hitting $43.32. 6,623 shares of the company traded hands, compared to its average volume of 77,419. NN Group has a one year low of $29.35 and a one year high of $43.53. The stock has a fifty day moving average price of $40.11 and a 200-day moving average price of $38.03. The company has a current ratio of 137.28, a quick ratio of 137.28 and a debt-to-equity ratio of 0.58.

NN Group Company Profile

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.