NN Group (OTCMKTS:NNGRY) Hits New 52-Week High – Time to Buy?

NN Group NV Unsponsored ADR (OTCMKTS:NNGRY)’s stock price hit a new 52-week high on Tuesday . The company traded as high as $45.12 and last traded at $44.78, with a volume of 38375 shares. The stock had previously closed at $44.21.

Analyst Upgrades and Downgrades

Separately, Zacks Research lowered shares of NN Group from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 20th. Two equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, NN Group presently has an average rating of “Hold”.

NN Group Stock Performance

The company has a debt-to-equity ratio of 0.58, a current ratio of 137.28 and a quick ratio of 137.28. The firm has a 50-day moving average of $40.73 and a 200 day moving average of $38.78.

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.