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James River Group Holdings Ltd (JRVR) Volatility At 10.09%, Should You Add A Position?

James River Group Holdings Ltd (NASDAQ: JRVR) is -50.22% lower on its value in year-to-date trading and has touched a low of $4.80 and a high of $11.49 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The JRVR stock was last observed hovering at around $4.96 in the last trading session, with the day’s loss setting it -0.36%.

Currently trading at $4.60, the stock is -28.14% and -28.37% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.36 million and changing -7.26% at the moment leaves the stock -41.49% off its SMA200. JRVR registered -48.89% loss for a year compared to 6-month loss of -43.21%. The firm has a 50-day simple moving average (SMA 50) of $6.468 and a 200-day simple moving average (SMA200) of $7.888675.

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The stock witnessed a -30.30% gain in the last 1 month and extending the period to 3 months gives it a -39.71%, and is -31.34% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 10.09% over the week and 5.34% over the month.

James River Group Holdings Ltd (JRVR) has around 649 employees, a market worth around $174.01M and $796.80M in sales. Fwd P/E is 2.91. Profit margin for the company is -22.05%. Distance from 52-week low is -4.17% and -59.97% from its 52-week high. The company has generated returns on investments over the last 12 months (-17.93%).

The EPS is expected to shrink by -70.05% this year

177.0 institutions hold shares in James River Group Holdings Ltd (JRVR), with institutional investors hold 87.71% of the company’s shares. The shares outstanding are 37.64M, and float is at 36.51M with Short Float at 2.51%. Institutions hold 84.89% of the Float.

The top institutional shareholder in the company is T. ROWE PRICE INVESTMENT MANAGEMENT, INC. with over 3.22 million shares valued at $24.87 million. The investor’s holdings represent 8.5262 of the JRVR Shares outstanding. As of 2024-06-30, the second largest holder is FULLER & THALER ASSET MANAGEMENT, INC. with 2.95 million shares valued at $22.84 million to account for 7.8289 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 2.82 million shares representing 7.4747 and valued at over $21.8 million, while BLACKROCK INC. holds 7.3184 of the shares totaling 2.76 million with a market value of $21.35 million.

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