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NN Group (OTCMKTS: NNGRY – Get Rating) was subject to a sharp decline in October’s short sale. As of Oct. 31, there were a total of 19,500 shares shorted, down 54.5% from the Oct. 15 total of 42,900 shares. Based on an average trading volume of 102,100 shares per day, the ratio of days covered is currently 0.2 days.
NN Group Trading Up 1.0%
NN Group shares rose $0.22 to $22.43 in midday trading on Friday. His 18,606 shares of the company’s stock were exchanged, but the average trading volume was his 55,566 shares. His 12-month low on the NN Group is $18.77 and his 12-month high is $30.17. The company has a 50-day simple moving average of $20.37 and a 200-day simple moving average of $22.17.
NN group cut dividend
The company recently announced a dividend, which was paid out on Wednesday, September 21st. A dividend of $0.3865 was issued to shareholders of record on Monday, August 22nd. This represents a dividend yield of 4.57%. The ex-dividend date for this dividend was Friday, August 19.
Analyst sets new price target
Recently, many research analysts have commented on stocks. Credit Suisse Group increased its target price on NN Group shares from €56.50 ($56.50) to €59.80 ($59.80) in a research report on Thursday, September 8. Cheuvreux downgraded NN Group’s stock from ‘buy’ to ‘hold’ and set a target price on the stock at €45.00 ($45.00). In an investigative report on Friday, September 9. Morgan Stanley said in a research report on Tuesday, Sept. 27, that it had raised its price target on NN Group shares from 50.60 euros ($50.60) to 53.80 euros ($53.80), giving the company an “overweight.” gave a rating. Finally, JPMorgan Chase & Co. downgraded NN Group’s stock from ‘overweight’ to ‘neutral’ in a research report on Wednesday, setting the company’s price target at 47.00 from €58.00 ($58.00). Lowered to Euro ($47.00). , September 7. Three Research his analysts rated the stock with a hold rating, and seven gave the company a buy rating. Based on MarketBeat.com data, NN Group’s consensus rating is a “moderate buy” with a consensus price target of $50.12.
NN Group company profile
(get rating)
NN Group NV, a financial services company, primarily offers life insurance products in the Netherlands and internationally. The company operates through its Dutch Life, Dutch General Insurance, European Insurance, Nippon Life, Banking and Other segments. We offer group and individual life insurance and annuity products. Non-life insurance products such as automobile insurance, fire insurance, liability insurance, transport insurance, travel insurance, disability insurance, accident insurance. Benefits, health insurance products. Corporate owned life insurance products. and single premium variable annuity individual life insurance products.
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