NN Group (OTCMKTS:NNGRY) Shares Gap Down – What’s Next?

NN Group NV Unsponsored ADR (OTCMKTS:NNGRY) shares gapped down prior to trading on Monday . The stock had previously closed at $47.45, but opened at $45.56. NN Group shares last traded at $45.6936, with a volume of 484,727 shares.

Analysts Set New Price Targets

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 equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, NN Group currently has a consensus rating of “Moderate Buy”.

NN Group Stock Performance

The company’s 50-day simple moving average is $44.38 and its two-hundred day simple moving average is $42.31. The company has a debt-to-equity ratio of 0.58, a current ratio of 137.28 and a quick ratio of 137.28.

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.