One of the most dreaded feelings for an investor is when the stock they just bought is overvalued, or they missed out on an undervalued opportunity by not acting fast enough.

But what if you had the insights to effectively evaluate a company like James River Group Holdings Ltd before investing? Investing requires a certain perspective to avoid being overly confident in a company or worried about cyclical changes. A smart way to take the guesswork out of knowing when to buy or sell James River Group Holdings Ltd’s stock is to have the right tools and resources as well as a clear monitoring process.

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

• Current stock price and volume
• Stock price history
• Upgrades and downgrades from analysts
• 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 dip, let’s take a look at some background.

James River Group Holdings, Ltd. owns and operates a group of specialty insurance and reinsurance companies. It operates in four segments: Excess and Surplus Lines, Specialty Admitted Insurance, Casualty Reinsurance and Corporate and Other. Excess and Surplus Lines segment offers commercial excess and surplus lines liability and property insurance. Specialty Admitted Insurance segment approaches the insurance market in two ways: as a risk bearing underwriter, and as a fronting company. Its risk bearing underwriting is focused on niche classes within the insurance markets, such as workers’ compensation coverage for residential contractors, light manufacturing operations, transportation workers and healthcare worker. Casualty Reinsurance segment primarily provides proportional and working layer casualty reinsurance to third parties (primarily through reinsurance intermediaries). Corporate and Other segment consists of the management and treasury activities of its holding companies.

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

As of May 25, 2023, 4:00 PM CST, James River Group Holdings Ltd’s stock price was $20.03.

James River Group Holdings Ltd is down 4.44% from its previous closing price of $20.96.

During the last market session, James River Group Holdings Ltd’s stock traded between $20.67 and $21.49. Currently, there are 37.53 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 39.7, which is high compared to the Insurance - Property & Casualty industry median of 13.7. 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 up 2.88% so far this month.

During the month of May, James River Group Holdings Ltd’s stock price has reached a high of $21.97 and a low of $18.80.

Over the last year, James River Group Holdings Ltd has hit prices as high as $26.60 and as low as $18.78. Year to date, James River Group Holdings Ltd’s stock is down 30.48%.

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

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?

One of the most common factors that can drastically impact a stock’s price is analyst upgrades and downgrades. 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 May 24, 2023, there was 1 analyst who downgraded James River Group Holdings Ltd’s stock and 3 analysts who upgraded over the last month.

Additionally, you'll want to evaluate James River Group Holdings Ltd’s financial health and valuation. It is possible for a stock to appear cheap based on one valuation metric but appear expensive on another. It is also possible for one valuation ratio to be associated with outperforming stocks during certain periods of time but not others.

Therefore, AAII developed a composite valuation to help resolve such issues. AAII’s Value Grade analyzes six distinct variables: price-to-sales (P/S) ratio, price-earnings (P/E) ratio, the ratio of enterprise value to earnings before interest, taxes, depreciation and amortization (EV/EBITDA), shareholder yield, price-to-book-value (P/B) ratio and price-to-free-cash-flow (P/FCF) ratio.

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

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

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 addresses the relationship between a stock price’s trend and the price trend of the market. This ratio is expressed as a percentage and helps investors understand a company’s momentum as well as its value. You can use relative price strength to select investments that have been outperforming the market or a specific benchmark.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. The weighted four-quarter relative price strength rank is the relative price change for each of the past four quarters. The most recent quarterly price change is given a weight of 40%, and each of the three previous quarters are given a weighting of 20%.

As of May 24, 2023, James River Group Holdings Ltd has a weighted four-quarter relative price strength of -6.14%, which translates to a Momentum Score of 43 and is considered to be Average.

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James River Group Holdings Ltd Stock Price: Bottom Line

As of May 25, 2023, James River Group Holdings Ltd’s stock price is $20.03, which is down 4.44% from its previous closing price.

At AAII, we stress that investors should never buy or sell a stock solely based on its stock price. Past returns do not guarantee future performance. Therefore, you should consider multiple ratios, fundamentals and analytics before making a decision. Whether you decide it’s a good time to buy or sell James River Group Holdings Ltd’s stock based on its stock price forecast is ultimately up to you.

It’s important to understand that stock prices are driven by a variety of factors, but ultimately the price at any given moment is due to the supply and demand in the market. Stock price overviews, like the one you just read, only give you a small snapshot of a company’s performance, value and momentum.

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