NN Group (NNGRY) Projected to Announce Quarterly Earnings on Thursday

NN Group (OTCMKTS:NNGRY) will likely be posting its results before the market opens on Thursday, August 6th. Analysts expect the company to post earnings of $2.11 per share and revenue of $2.8199 billion for the quarter.

NN Group Stock Up 0.1%

NNGRY traded up $0.07 during trading on Tuesday, reaching $46.84. The company’s stock had a trading volume of 5,224 shares, compared to its average volume of 73,497. NN Group has a 52-week low of $33.16 and a 52-week high of $47.15. The company’s fifty day moving average price is $43.54 and its 200-day moving average price is $41.78. The company has a debt-to-equity ratio of 0.58, a current ratio of 137.28 and a quick ratio of 137.28.

Wall Street Analyst Weigh In

Separately, Zacks Research downgraded NN Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 20th. Two equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold”.

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.