Alert: Major Price Decline (11/9/23)-James River Group Holdings Ltd (NASDAQ: JRVR).

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James River Group Holdings Ltd (NASDAQ: JRVR) stock closed at $8.84 on 11/9/23 after a major decline of -32.8%. The stock has declined -35.8% during the last week and has been extremely weak relative to the market over the last nine months.

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Current PriceTarget Research Rating

JRVR’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to be an important Value Builder.

James River Group Holdings has a current Value Trend Rating of D (Negative). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. James River Group Holdings has a neutral Appreciation Score of 45 and a slightly negative Power Rating of 32, with the Negative Value Trend Rating the result.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

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