NN Group (OTCMKTS:NNGRY) Stock Price Up 1.2% - Should You Buy?

Key Points

• NN Group's stock price increased by 1.2%, trading at $35.20, with a significant decline in trading volume of 71% compared to its average session.
• Recent analyst ratings show mixed opinions, with one strong buy, six hold, and one sell rating, leading to an overall average rating of "Hold" for NN Group shares.
• The company operates in various insurance segments, providing both life and non-life insurance products in the Netherlands and internationally.

NN Group NV Unsponsored ADR (OTCMKTS:NNGRY - Get Free Report) shares traded up 1.2% on Tuesday . The stock traded as high as $35.20 and last traded at $35.20. 7,990 shares changed hands during mid-day trading, a decline of 71% from the average session volume of 27,246 shares. The stock had previously closed at $34.77.

Analysts Set New Price Targets

NNGRY has been the topic of several recent research reports. UBS Group downgraded shares of NN Group from a "strong-buy" rating to a "hold" rating in a report on Tuesday, August 12th. Kepler Capital Markets raised shares of NN Group from a "strong sell" rating to a "hold" rating in a report on Monday, August 11th. Cfra Research upgraded shares of NN Group to a "moderate buy" rating in a research note on Friday, August 8th. Zacks Research raised shares of NN Group to a "hold" rating in a report on Tuesday, August 12th. Finally, The Goldman Sachs Group raised NN Group from a "hold" rating to a "strong-buy" rating in a report on Wednesday, July 2nd. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, NN Group presently has an average rating of "Hold".

NN Group Price Performance

The company has a 50 day moving average of $34.65 and a 200-day moving average of $32.78. The company has a debt-to-equity ratio of 0.55, a quick ratio of 159.36 and a current ratio of 72.56.

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.

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