(VIANEWS) – NN Group Shares Plunge 14.85% on AEX-Index, Extending Losing Streak
On Wednesday, shares of NN Group (AEX-Index: NN.AS) took an unexpectedly sharp decline, dropping 14.85% to EUR30.85 at 15:14 EST after rising 0.80% during its previous session. Overall, though, the AEX-Index gained 0.211% to EUR722.98 today despite this sharp falloff for NN Group shares.
NN Group recently closed at EUR36.23, 23.93% below their 52-week high of EUR47.63. Investors have noticed the company’s stock falling recently, so it will be interesting to see whether or not this trend continues or if recovery takes place soon.
About NN GROUP
NN Group N.V. is an established financial services provider, founded in 1845. Operating out of various segments such as Netherlands Life, Netherlands Non-life, Insurance Europe Japan Life Banking and Other services and products are tailored specifically to each of their client’s unique requirements – offering life and non-life products such as banking services reinsurance services retirement products to meet these unique demands of its client base. Headquartered in The Hague with strong international market presence.
Yearly Analysis
Based on available information, NN GROUP stock is currently trading at EUR30.85; below its 52-week low of EUR31.63 and concerning investors as they contemplate its recent performance.
However, NN GROUP projects a strong annual sales growth rate of 7.8% this year and 1.4% for next year; which remains positive but at a slower pace.
Overall, investors should evaluate the current stock price against anticipated sales growth when making investment decisions. If they feel that NN GROUP’s price is undervalued relative to this expected sales growth, they may wish to invest. But if there are concerns with its recent performance or uncertainty surrounding future growth prospects, they may prefer other stocks with more favorable prospects instead.
Technical Analysis
NN GROUP stock has experienced an apparent downward trend, falling below both its 50-day and 200-day moving averages. This indicates further weakness for the short term; however, today’s volume was significantly higher than its average volume which may signal increased interest and potential purchasing power from investors.
Regarding its volatility, NN GROUP has experienced negative weekly and monthly volatility but positive quarterly volatility – this may indicate that its stocks have become less unstable over time but may still experience short-term fluctuations.
Overall, investors should keep tabs on NN GROUP’s performance over the next several weeks and months in order to gauge its future trend or whether its stock can rebound from its recent downfall. When making investment decisions it is crucial that investors carefully consider various aspects such as market conditions, company news updates and financial performance so as to make informed investment choices.
Quarter Analysis
Based on the available information, it appears that revenue growth for this company has experienced a 22% year-on-year drop, amounting to 15.23B since January 2016. This information indicates that their revenue growth may not be as robust.
Investors should carefully assess this information when assessing a company’s financial performance and future growth potential. A decline in revenue growth may signal difficulties expanding or competing effectively within its industry; furthermore, investors should take into account other aspects such as profitability, management team strength and market conditions when making investment decisions.
Equity Analysis
Based on available information, NN Group appears to be an exceptionally stable company with an adequate dividend yield and PE ratio. Their estimated forward annual dividend yield of 8.19% exceeds that of current market average, making them attractive options for income investors.
However, its trailing 12-month EPS of EUR1.36 may indicate limited growth prospects for this company. Furthermore, its return on equity (1.81%) indicates it may not be using shareholder’s equity effectively like some of its peers.
Overall, NN Group can be an attractive option for investors in search of a steady and moderate dividend yield; however, prospective investors should also carefully consider its growth prospects and profitability before making their final decision.
More news about NN GROUP (NN.AS).
