NN Group (OTCMKTS:NNGRY) Cut to Hold at Zacks Research

Zacks Research downgraded shares of NN Group (OTCMKTS:NNGRY) from a strong-buy rating to a hold rating in a research report sent to investors on Monday,Zacks.com reports.

NN Group Stock Performance

Shares of OTCMKTS NNGRY opened at $43.16 on Monday. NN Group has a 1 year low of $29.35 and a 1 year high of $43.53. The firm’s 50 day moving average price is $40.15 and its 200 day moving average price is $38.07. The company has a debt-to-equity ratio of 0.58, a quick ratio of 137.28 and a current ratio of 137.28.

NN Group Company Profile

NN Group N.V. (OTCMKTS:NNGRY) is a Dutch insurance and asset management company that provides a range of life and non-life insurance products, pension and retirement solutions, and investment management services. Its product offering typically includes individual and group life insurance, annuities, disability and health-related coverages, property & casualty insurance, and savings and retirement planning products aimed at both retail and corporate clients. The company also manages assets on behalf of its insurance operations and third-party institutional and individual investors.

NN Group traces its corporate structure to the Dutch insurer Nationale-Nederlanden and was established as a separate, publicly listed company following a demerger from ING Group in the mid-2010s.