NN Group (OTCMKTS:NNGRY - Get Free Report) was the target of a large decline in short interest in May. As of May 31st, there was short interest totalling 1,700 shares, a decline of 94.5% from the May 15th total of 30,700 shares. Currently, 0.0% of the company's stock are sold short. Based on an average daily volume of 67,400 shares, the short-interest ratio is currently 0.0 days.
NN Group Stock Up 0.3%
NN Group stock traded up $0.10 during midday trading on Thursday, reaching $32.13. The stock had a trading volume of 24,086 shares, compared to its average volume of 34,102. The firm's fifty day simple moving average is $30.04 and its 200-day simple moving average is $25.95. NN Group has a 1-year low of $20.97 and a 1-year high of $32.62.
NN Group Increases Dividend
The firm also recently declared a dividend, which was paid on Tuesday, June 10th. Stockholders of record on Wednesday, May 21st were paid a dividend of $0.9103 per share. This is a boost from NN Group's previous dividend of $0.55. This represents a dividend yield of 4.72%. The ex-dividend date of this dividend was Tuesday, May 20th.
Analysts Set New Price Targets
NNGRY has been the subject of several research analyst reports. BNP Paribas lowered NN Group from a "strong-buy" rating to a "hold" rating in a research report on Friday, May 23rd. Keefe, Bruyette & Woods cut shares of NN Group from a "moderate buy" rating to a "hold" rating in a report on Wednesday, May 14th. Finally, Citigroup reissued a "neutral" rating on shares of NN Group in a research report on Wednesday, May 28th.
View Our Latest Research Report on NN Group
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.
Further Reading
Before you consider NN Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and NN Group wasn't on the list.
While NN Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
If a company's CEO, COO, and CFO were all selling shares of their stock, would you want to know? MarketBeat just compiled its list of the twelve stocks that corporate insiders are abandoning. Complete the form below to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
