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

NN Group (OTCMKTS:NNGRY) is expected to announce 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 0.2%

Shares of OTCMKTS NNGRY opened at $46.88 on Wednesday. NN Group has a 52 week low of $33.16 and a 52 week high of $47.15. The stock has a 50 day moving average price of $43.61 and a 200 day moving average price of $41.84. The company has a debt-to-equity ratio of 0.58, a current ratio of 137.28 and a quick ratio of 137.28.

Analyst Upgrades and Downgrades

Separately, Zacks Research lowered shares of 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 assigned a Hold rating to the company. According to MarketBeat, NN Group 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.