NN Group (OTCMKTS:NNGRY) Hits New 1-Year High – Time to Buy?

NN Group (OTCMKTS:NNGRY)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as $31.63 and last traded at $31.60, with a volume of 42165 shares traded. The stock had previously closed at $31.05.

Wall Street Analysts Forecast Growth

Separately, Keefe, Bruyette & Woods downgraded NN Group from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, May 14th.

NN Group Trading Up 1.8%

The company has a 50-day moving average of $28.59 and a 200 day moving average of $25.04.

NN Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, June 10th. Shareholders of record on Wednesday, May 21st will be given a $0.9103 dividend. This is an increase from NN Group’s previous dividend of $0.55. The ex-dividend date is Tuesday, May 20th. This represents a yield of 4.72%.

About NN Group

NN Group N.V., a financial services company, provides life and non-life insurance products in the Netherlands and internationally. The company operates through Netherlands Life, Netherlands Non-life, Insurance Europe, Japan Life, Banking, and Other segments. It offers Life insurance products, such as group and individual pension products, retail life insurance, and SME life insurance products; and non-life insurance products, including motor, fire, liability, transport, travel, health, property and casualty, and disability and accident insurance products.