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NN Group (OTCMKTS:NNGRY) Sets New 1-Year High - What's Next?

NN Group logo with Finance background

NN Group NV Unsponsored ADR (OTCMKTS:NNGRY - Get Free Report) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $32.85 and last traded at $32.85, with a volume of 447 shares changing hands. The stock had previously closed at $32.46.

Analysts Set New Price Targets

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

Read Our Latest Research Report on NNGRY

NN Group Stock Performance

The company has a debt-to-equity ratio of 0.48, a quick ratio of 159.36 and a current ratio of 159.36. The stock has a 50-day moving average price of $31.65 and a 200-day moving average price of $29.75.

NN Group Increases Dividend

The firm 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 represents a dividend yield of 4.72%. This is a positive change from NN Group's previous dividend of $0.55. The ex-dividend date was Tuesday, May 20th.

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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