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NN Group (OTCMKTS:NNGRY) Hits New 1-Year High - Should You Buy?

NN Group logo with Finance background

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

Analyst Ratings Changes

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

Read Our Latest Research Report on NN Group

NN Group Trading Up 1.1%

The firm's 50-day simple moving average is $32.16 and its 200-day simple moving average is $30.16. The company has a quick ratio of 159.36, a current ratio of 159.36 and a debt-to-equity ratio of 0.48.

NN Group Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, June 10th. Investors of record on Wednesday, May 21st were given a dividend of $0.9103 per share. The ex-dividend date was Tuesday, May 20th. This is an increase from NN Group's previous dividend of $0.55. 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.

See Also

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