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

Key Points

• Zacks Research downgraded NN Group from a "strong-buy" to a hold rating in a report issued Monday.
• The stock opened at $42.95 and has a 12‑month range of $29.35–$43.53, with a 50‑day MA of $40.11, 200‑day MA of $38.03, reported current/quick ratios of 137.28, and a debt‑to‑equity of 0.58.
• NN Group is a Dutch insurance and asset-management company (spun out from ING) offering life and non‑life insurance, pension solutions, and investment management to retail and institutional clients.

NN Group (OTCMKTS:NNGRY - Get Free Report) was downgraded by stock analysts at Zacks Research from a "strong-buy" rating to a "hold" rating in a research report issued to clients and investors on Monday,Zacks.com reports.

NN Group Stock Performance

Shares of NNGRY stock opened at $42.95 on Monday. NN Group has a 12 month low of $29.35 and a 12 month high of $43.53. The company has a current ratio of 137.28, a quick ratio of 137.28 and a debt-to-equity ratio of 0.58. The business's 50 day moving average is $40.11 and its two-hundred day moving average is $38.03.

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.

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