NN Group (OTCMKTS:NNGRY) Sets New 52-Week High – Still a Buy?

NN Group NV Unsponsored ADR (OTCMKTS:NNGRY)’s share price reached a new 52-week high during trading on Thursday . The company traded as high as $48.11 and last traded at $45.95, with a volume of 224218 shares traded. The stock had previously closed at $46.16.

Analyst Upgrades and Downgrades

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

NN Group Trading Down 0.5%

The company has a quick ratio of 137.28, a current ratio of 137.28 and a debt-to-equity ratio of 0.58. The business has a 50 day simple moving average of $44.15 and a 200-day simple moving average of $42.19.

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.