James River Group Holdings Ltd (NASDAQ: JRVR) stock closed at $7.87 on 7/10/24 after a major increase of 13.1%. Moreover, above average trading volume at 141% of normal accompanied the advance. The stock has risen 1.5% during the last week but has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
JRVR is expected to be an important Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
James River Group Holdings has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. James River Group Holdings has a good Appreciation Score of 76 but a neutral Power Rating of 41, producing the High Neutral Value Trend Rating.
Rating Review
In light of this very positive 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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