James River Group Holdings Ltd (NASDAQ: JRVR)’s stock price has gone decline by -4.22 in comparison to its previous close of 4.98, however, the company has experienced a 7.92% increase in its stock price over the last five trading days. globenewswire.com reported 2024-12-23 that PEMBROKE, Bermuda, Dec. 23, 2024 (GLOBE NEWSWIRE) — James River Group Holdings, Ltd. (“James River” or the “Company”) (NASDAQ: JRVR) today announced the close of both the adverse development reinsurance agreement and $12.5 million common equity investment with Enstar subsidiary Cavello Bay Reinsurance Limited, as per the terms and agreements previously announced on November 11, 2024.
Is It Worth Investing in James River Group Holdings Ltd (NASDAQ: JRVR) Right Now?
The stock has a 36-month beta value of 0.08. Opinions on the stock are mixed, with 2 analysts rating it as a “buy,” 1 as “overweight,” 2 as “hold,” and 0 as “sell.”
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The public float for JRVR is 31.88M, and at present, short sellers hold a 2.81% of that float. On December 27, 2024, the average trading volume of JRVR was 350.67K shares.
JRVR’s Market Performance
JRVR’s stock has seen a 7.92% increase for the week, with a 6.95% rise in the past month and a -24.76% fall in the past quarter. The volatility ratio for the week is 6.04%, and the volatility levels for the past 30 days are at 4.96% for James River Group Holdings Ltd The simple moving average for the past 20 days is 3.08% for JRVR’s stock, with a -32.97% simple moving average for the past 200 days.
Analysts’ Opinion of JRVR
Many brokerage firms have already submitted their reports for JRVR stocks, with Compass Point repeating the rating for JRVR by listing it as a “Buy.” The predicted price for JRVR in the upcoming period, according to Compass Point is $12 based on the research report published on March 22, 2024 of the current year 2024.
Truist, on the other hand, stated in their research note that they expect to see JRVR reach a price target of $15, previously predicting the price at $32. The rating they have provided for JRVR stocks is “Hold” according to the report published on November 09th, 2023.
Keefe Bruyette gave a rating of “Mkt Perform” to JRVR, setting the target price at $14 in the report published on November 09th of the previous year.
JRVR Trading at -11.08% from the 50-Day Moving Average
After a stumble in the market that brought JRVR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -58.49% of loss for the given period.
Volatility was left at 4.96%, however, over the last 30 days, the volatility rate increased by 6.04%, as shares surge +3.02% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -27.73% lower at present.
During the last 5 trading sessions, JRVR rose by +7.92%, which changed the moving average for the period of 200-days by -34.12% in comparison to the 20-day moving average, which settled at $4.63. In addition, James River Group Holdings Ltd saw -48.38% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for JRVR
Current profitability levels for the company are sitting at:
- -0.07 for the present operating margin
- 0.79 for the gross margin
The net margin for James River Group Holdings Ltd stands at -0.21. The total capital return value is set at -0.01. Equity return is now at value 2.89, with 0.69 for asset returns.
Based on James River Group Holdings Ltd (JRVR), the company’s capital structure generated 0.37 points at debt to capital in total, while cash flow to debt ratio is standing at -0.87. The debt to equity ratio resting at 0.57. The interest coverage ratio of the stock is -2.11.
Currently, EBITDA for the company is 111.07 million with net debt to EBITDA at -0.88. When we switch over and look at the enterprise to sales, we see a ratio of 0.16. The receivables turnover for the company is 0.35for trailing twelve months and the total asset turnover is 0.16. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.61.
Conclusion
To sum up, James River Group Holdings Ltd (JRVR) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
