James River Group Holdings Ltd (NASDAQ: JRVR) is -11.91% lower on its value in year-to-date trading and has touched a low of $3.00 and a high of $9.56 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 $4.30 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $4.29, the stock is 2.42% and -1.01% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.13 million and changing -0.23% at the moment leaves the stock -24.84% off its SMA200. JRVR registered -51.31% loss for a year compared to 6-month loss of -35.00%. The firm has a 50-day simple moving average (SMA 50) of $4.3338 and a 200-day simple moving average (SMA200) of $5.70745.
The stock witnessed a 9.72% gain in the last 1 month and extending the period to 3 months gives it a -10.06%, and is 2.88% up 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 5.80% over the week and 5.27% over the month.
James River Group Holdings Ltd (JRVR) has around 645 employees, a market worth around $195.81M and $707.63M in sales. Fwd P/E is 3.66. Profit margin for the company is -16.34%. Distance from 52-week low is 43.00% and -55.13% from its 52-week high. The company has generated returns on investments over the last 12 months (-12.82%).
with sales reaching $184.14M over the same period.The EPS is expected to grow by 200.34% this year, but quarterly earnings will post 6.16% year-over-year. Quarterly sales are estimated to shrink -8.44% in year-over-year returns.
156.0 institutions hold shares in James River Group Holdings Ltd (JRVR), with institutional investors hold 82.11% of the company’s shares. The shares outstanding are 45.64M, and float is at 33.73M with Short Float at 5.44%. Institutions hold 75.58% 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.
