NN Group (OTCMKTS:NNGRY) Downgraded to “Hold” Rating by Zacks Research

Zacks Research downgraded shares of NN Group (OTCMKTS:NNGRY) from a strong-buy rating to a hold rating in a report published on Monday,Zacks.com reports.

NN Group Price Performance

NNGRY stock opened at $42.95 on Monday. 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’s 50-day simple moving average is $40.11 and its 200 day simple moving average is $38.03. NN Group has a 52 week low of $29.35 and a 52 week high of $43.53.

About NN Group

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.