On 3/11/24, James River Group Holdings Ltd (NASDAQ: JRVR) stock suffered a major decline of -17.5%, closing at $7.76. Moreover, exceptionally high trading volume at 272% of normal accompanied the decline. The stock has declined -20.8% during the last week and has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, JRVR is expected to be a Value Builder.
James River Group Holdings has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. James River Group Holdings has a slightly positive Appreciation Score of 67 but a slightly negative Power Rating of 35, producing the Neutral Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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