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downgraded: Compass Point Recommends James River Group Holdings Ltd. (NASDAQ:JRVR) Stock to “a Neutral”

Compass Point raised the price target for the James River Group Holdings Ltd. (NASDAQ:JRVR) stock from “a Buy” to “a Neutral”. The rating was released on November 02, 2022, according to finviz. We previously noted in another research note published on November 12, 2021 by Keefe Bruyette that upgraded the stock from a Mkt perform to an Outperform with a price target of $35 for JRVR stock. The research report from Truist has upgraded the stock from Hold to Buy, with a price target set at $43. The stock was upgraded by Compass Point, who disclosed in a research note on November 02, 2020, from Neutral to Buy and set the price objective to $56. In their research brief published September 18, 2020, Compass Point analysts initiated the James River Group Holdings Ltd. stock to Neutral with a price target of $52.

The latest trade, Performances and Moving Averages give us the following Picture

The share price of James River Group Holdings Ltd. (NASDAQ:JRVR) dipped -5.76% to close Friday’s market session at $20.44, lower as compared to yesterday’s close. The stock price fluctuated between $20.15 and $21.38 throughout the trading session with the volume trading being 687219 shares, which represented a significant variation when compared to the three months average volume of 166.74K shares. The firm’s stock price fluctuated -8.67% within the last five trades and -9.80% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price decreased -14.83% in the last 6 months and -11.32% was subtracted to its value over the previous 3 months. JRVR stock is trading at a margin of -10.50%, -8.59% and -12.13% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.

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As of the close of trading, JRVR deals in the Financial domain. The stock is trading -23.16 percent below its 52-week high and 1.14 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is -10.35. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.

What Does James River Group Holdings Ltd.’s Profitability and Valuation Ratios Tell Us About the Stock?

With regard to the profitability of the company, the operating margin is currently at 8.20 percent and the profit margin is 2.70 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.

The stock’s market cap achieved a total value of $794.30 million as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. The price-to-earnings ratio for James River Group Holdings Ltd. (NASDAQ:JRVR) is 34.53. The price-to-earnings ratio is a method of assessing corporate values by comparing them to their per-share profit. Forward P/E stands at 8.21. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 0.98 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 1.38, which equates the market value of a stock with its book value.

Is Insider Trading a Real Thing?

Gould Kirstin, the Director at James River Group Holdings Ltd. (JRVR) has bought 3,000 shares of firm on Nov 04 at a price of $23.05 against the total amount of $69147.0. In another inside trade, Brown Thomas Lynn, Director of James River Group Holdings Ltd. (NASDAQ:JRVR) bought 2,000 shares of the firm on Nov 04 for a total worth of $46067.0 at a price of $23.03.



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