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NN Group (OTCMKTS:NNGRY) Reaches New 52-Week High - Here's Why

NN Group logo with Finance background

NN Group (OTCMKTS:NNGRY - Get Free Report)'s share price hit a new 52-week high during mid-day 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 Ratings Changes

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

Check Out Our Latest Research Report on NN Group

NN Group Stock Performance

The company's 50 day simple moving average is $29.56 and its 200-day simple moving average is $25.65.

NN Group Increases Dividend

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

NN Group Company Profile

(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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