Should You Buy James River Group Holdings Ltd. (NASDAQ:JRVR) Right Now? Here’s How to Decide

James River Group Holdings Ltd. (NASDAQ:JRVR) shares fell to a low of $49.75 before closing at $50.06. Intraday shares traded counted 0.18 million, which was 12.06% higher than its 30-day average trading volume of 207.20K. JRVR’s previous close was $51.96 while the outstanding shares total 30.58M. The firm has a beta of 0.55, a 12-month trailing P/E ratio of 34.17. The stock’s Relative Strength Index (RSI) is 56.40, with weekly volatility at 4.91% and ATR at 2.10. The JRVR stock’s 52-week price range has touched low of $25.34 and a $57.41 high. The stock traded lower over the last trading session, losing -3.66% on 02/16/21.

Investors have identified the Insurance – Specialty company James River Group Holdings Ltd. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $1.51 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.

Having a look at the company’s valuation, the company is expected to record 2.50 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on JRVR sounds very interesting.

Is the stock of JRVR attractive?

In related news, Pres & CEO-Casualty Rein Sgmt, Heinlein Daniel sold 3,739 shares of the company’s stock in a transaction that recorded on Nov 18. The sale was performed at an average price of 50.39, for a total value of 188,416. As the sale deal closes, the Chief Financial Officer, Doran Sarah C. now sold 14,012 shares of the company’s stock, valued at 702,423. Also, Pres & CEO-Casualty Rein Sgmt, Heinlein Daniel sold 677 shares of the company’s stock in a deal that was recorded on Nov 17. The shares were price at an average price of 50.44 per share, with a total market value of 34,148. Following this completion of acquisition, the President & COO, Myron Robert Patrick now holds 65,000 shares of the company’s stock, valued at 2,905,184. In the last 6 months, insiders have changed their ownership in shares of company stock by 3.40%.

4 out of 7 analysts covering the stock have rated it a Buy, while 3 have maintained a Hold recommendation on James River Group Holdings Ltd.. 0 analysts has assigned a Sell rating on the JRVR stock. The 12-month mean consensus price target for the company’s shares has been set at $60.00.

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