Stock Rating Downgrade
Of late the Value Trend Rating for James River Group Holdings Ltd (NASDAQ: JRVR) weakened from C to D reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
On 12/22/23, James River Group Holdings Ltd (NASDAQ: JRVR) stock declined slightly by -0.3%, closing at $9.30. Moreover, trading volume in this decline was above average at 139% of normal. The stock has risen 11.0% during the last week but has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, JRVR is expected to be a Value Builder.
James River Group Holdings has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects contradictory signals from PTR's two proprietary measures of a stock's attractiveness. James River Group Holdings has a slightly positive Appreciation Score of 68 but a poor Power Rating of 15, producing the Negative Value Trend Rating.