NN Group (OTCMKTS:NNGRY) Stock Price Up 3.1% – Still a Buy?

NN Group NV Unsponsored ADR (OTCMKTS:NNGRY)’s share price traded up 3.1% during mid-day trading on Friday . The stock traded as high as $40.0199 and last traded at $40.0199. 3,649 shares changed hands during mid-day trading, a decline of 87% from the average session volume of 27,915 shares. The stock had previously closed at $38.81.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on NNGRY. The Goldman Sachs Group reiterated a “buy” rating on shares of NN Group in a report on Monday, December 1st. Keefe, Bruyette & Woods upgraded NN Group from a “hold” rating to a “moderate buy” rating in a research note on Monday, November 10th. Two investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold”.

NN Group Stock Up 3.1%

The business’s 50 day moving average price is $35.87 and its 200 day moving average price is $34.70.

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.