NN Group (OTCMKTS:NNGRY) Reaches New 52-Week High - Still a Buy?

NN Group (OTCMKTS:NNGRY - Get Free Report) reached a new 52-week high during trading on Monday . The company traded as high as $32.46 and last traded at $32.46, with a volume of 14528 shares traded. The stock had previously closed at $31.47.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. Keefe, Bruyette & Woods cut NN Group from a "moderate buy" rating to a "hold" rating in a report on Wednesday, May 14th. Citigroup reiterated a "neutral" rating on shares of NN Group in a research report on Wednesday, May 28th. Finally, BNP Paribas cut NN Group from a "strong-buy" rating to a "hold" rating in a research note on Friday, May 23rd.

NN Group Stock Up 0.0%

The business has a 50 day simple moving average of $29.65 and a 200-day simple moving average of $25.70.

NN Group Increases Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, June 10th. Investors of record on Wednesday, May 21st will be issued a dividend of $0.9103 per share. The ex-dividend date of this dividend is Tuesday, May 20th. This represents a yield of 4.72%. This is a boost from NN Group's previous dividend of $0.55.

About NN Group

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.