NN Group (OTCMKTS:NNGRY) Trading Down 2.3% - What's Next?

Key Points

• NN Group's stock price fell by 2.3%, closing at $33.60 after trading as low as $33.46 during Tuesday's session.
• Wall Street analysts have mixed opinions, with one strong buy rating, six hold ratings, and one sell rating, resulting in an average rating of "Hold".
• The company offers a variety of insurance products through multiple segments, including life and non-life insurance both in the Netherlands and internationally.

NN Group NV Unsponsored ADR (OTCMKTS:NNGRY - Get Free Report)'s stock price was down 2.3% during trading on Tuesday . The company traded as low as $33.46 and last traded at $33.60. Approximately 19,504 shares traded hands during mid-day trading, a decline of 13% from the average daily volume of 22,466 shares. The stock had previously closed at $34.39.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on NNGRY shares. Citigroup reaffirmed a "neutral" rating on shares of NN Group in a research report on Wednesday, May 28th. The Goldman Sachs Group raised shares of NN Group from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, July 2nd. 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. UBS Group lowered shares of NN Group from a "strong-buy" rating to a "hold" rating in a report on Tuesday, August 12th. Finally, Cfra Research upgraded shares of NN Group to a "moderate buy" rating in a report on Friday, August 8th. 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 company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold".

NN Group Trading Down 2.3%

The company has a quick ratio of 159.36, a current ratio of 159.36 and a debt-to-equity ratio of 0.48. The stock's fifty day simple moving average is $34.18 and its two-hundred day simple moving average is $32.15.

NN Group Company Profile

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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