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NN Group (OTCMKTS:NNGRY) Hits New 1-Year High - Still a Buy?

NN Group logo with Finance background

NN Group NV Unsponsored ADR (OTCMKTS:NNGRY - Get Free Report)'s share price reached a new 52-week high on Friday . The stock traded as high as $33.45 and last traded at $33.30, with a volume of 4888 shares trading hands. The stock had previously closed at $33.14.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on NNGRY. Keefe, Bruyette & Woods downgraded shares of NN Group from a "moderate buy" rating to a "hold" rating in a report on Wednesday, May 14th. BNP Paribas cut NN Group from a "strong-buy" rating to a "hold" rating in a research note on Friday, May 23rd. Citigroup restated a "neutral" rating on shares of NN Group in a research report on Wednesday, May 28th. Finally, The Goldman Sachs Group upgraded NN Group from a "hold" rating to a "strong-buy" rating in a report on Wednesday, July 2nd.

View Our Latest Stock Report on NNGRY

NN Group Stock Down 0.1%

The business's 50-day simple moving average is $32.22 and its two-hundred day simple moving average is $30.20. The company has a debt-to-equity ratio of 0.48, a quick ratio of 159.36 and a current ratio of 159.36.

NN Group Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, June 10th. Shareholders of record on Wednesday, May 21st were given a $0.9103 dividend. This is a positive change from NN Group's previous dividend of $0.55. The ex-dividend date was Tuesday, May 20th. This represents a yield of 4.72%.

About NN Group

(Get Free Report)

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.

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