NN Group (OTCMKTS:NNGRY) Reaches New 1-Year High – Still a Buy?

NN Group NV Unsponsored ADR (OTCMKTS:NNGRY)’s stock price reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $43.56 and last traded at $43.45, with a volume of 15031 shares traded. The stock had previously closed at $42.78.

Analysts Set New Price Targets

Separately, Zacks Research downgraded NN Group from a “strong-buy” rating to a “hold” rating in a report on Monday, April 20th. Two analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, NN Group has an average rating of “Hold”.

NN Group Stock Up 2.2%

The company has a debt-to-equity ratio of 0.58, a quick ratio of 137.28 and a current ratio of 137.28. The company has a 50 day moving average price of $40.38 and a 200 day moving average price of $38.36.

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.