Alert: Rating Upgrade (12/15/23)-James River Group Holdings Ltd (NASDAQ: JRVR).


Stock Rating Upgrade

In recent days the Value Trend Rating for James River Group Holdings Ltd (NASDAQ: JRVR) improved from D to C reflecting improving fundamentals and high Appreciation Potential.


Recent Price Action

On 12/15/23, James River Group Holdings Ltd (NASDAQ: JRVR) stock increased 1.3%, closing at $8.49. Moreover, trading volume in this advance was exceptionally high at 1368% of normal. Relative to the market the stock has been extremely weak over the last nine months and has declined -3.6% during the last week.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, JRVR is expected to be a Value Builder.

James River Group Holdings has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. James River Group Holdings has a good Appreciation Score of 73 but a poor Power Rating of 16, resulting in the Low Neutral Value Trend Rating.

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