Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate James River Group Holdings Ltd before investing.

In this article, we go over a few key elements for understanding James River Group Holdings Ltd’s stock price such as:

• James River Group Holdings Ltd’s current stock price and volume
• Why James River Group Holdings Ltd’s stock price changed recently
• Upgrades and downgrades for JRVR from analysts
• JRVR’s stock price momentum as measured by its relative strength

About James River Group Holdings Ltd (JRVR)

Before we jump into James River Group Holdings Ltd’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

James River Group Holdings, Ltd. is a Bermuda-based insurance holding company that owns and operates a group of specialty insurance companies. It operates through two specialty property-casualty insurance segments: Excess and Surplus Lines and Specialty Admitted Insurance. The Excess and Surplus Lines segment offers excess and surplus commercial lines liability and property insurance in every United States state, the District of Columbia, Puerto Rico and the United States Virgin Islands through James River Insurance and its wholly owned subsidiary, James River Casualty. The Specialty Admitted Insurance segment focuses on niche classes within the standard insurance markets with a primary focus on fronting business. Through Falls Lake National and its subsidiaries, it has admitted licenses and the authority to write excess and surplus lines insurance in 50 states and the District of Columbia and distributes through a variety of sources, including program administrators and MGAs.

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James River Group Holdings Ltd’s Stock Price as of Market Close

As of June 17, 2024, 4:00 PM, CST, James River Group Holdings Ltd’s stock price was $7.70.

James River Group Holdings Ltd is up 4.05% from its previous closing price of $7.40.

During the last market session, James River Group Holdings Ltd’s stock traded between $7.38 and $7.51. Currently, there are 37.73 million shares of James River Group Holdings Ltd stock available for purchase.

James River Group Holdings Ltd’s price-earnings (P/E) ratio is currently at 4.4, which is low compared to the Insurance - Property & Casualty industry median of 12.5. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

James River Group Holdings Ltd Stock Price History

James River Group Holdings Ltd’s (JRVR) price is currently down 1.41% so far this month.

During the month of June, James River Group Holdings Ltd’s stock price has reached a high of $8.07 and a low of $7.38.

Over the last year, James River Group Holdings Ltd has hit prices as high as $20.34 and as low as $6.35. Year to date, James River Group Holdings Ltd’s stock is down 63.18%.

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What Caused James River Group Holdings Ltd Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of June 14, 2024, there were 4 analysts who downgraded James River Group Holdings Ltd’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate James River Group Holdings Ltd’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on James River Group Holdings Ltd’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

James River Group Holdings Ltd’s current valuation based on AAII’s Value Grade is a A, which means it is considered to be Deep Value.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about James River Group Holdings Ltd (JRVR) by visiting AAII Stock Evaluator.

Relative Price Strength of James River Group Holdings Ltd

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of June 14, 2024, James River Group Holdings Ltd has a weighted four-quarter relative price strength of -20.84%, which translates to a Momentum Score of 17 and is considered to be Very Weak.

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James River Group Holdings Ltd Stock Price: Bottom Line

As of June 17, 2024, James River Group Holdings Ltd’s stock price is $7.70, which is up 4.05% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like James River Group Holdings Ltd stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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