James River Group Holdings Ltd (JRVR) posted a 2.93% change over the last five days signaling a new trend

James River Group Holdings Ltd (NASDAQ: JRVR) kicked off on Friday, up 9.49% from the previous trading day, before settling in for the closing price of $12.88. Over the past 52 weeks, JRVR has traded in a range of $8.01-$24.92.

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During the last 5-year period, the sales drop of Financial Sector giant was -0.75%. While this was happening, its average annual earnings per share was recorded 166.57%. With a float of $36.34 million, this company’s outstanding shares have now reached $37.47 million.

Let’s determine the extent of company efficiency that accounts for Dec 08 2023 employees.

James River Group Holdings Ltd (JRVR) Breakdown of a Key Holders of the stock

Our next focus will be how large-scale investors are participating in this stock of the Insurance – Specialty Industry. The insider ownership of James River Group Holdings Ltd is 3.45%, while institutional ownership is 91.59%.

James River Group Holdings Ltd (JRVR) Recent Fiscal highlights

In the latest quarterly report, which was put into the public domain on 9/29/2023, the organization reported $0.48 earnings per share (EPS), higher than consensus estimate (set at $0.47) by $0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.44 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 166.57% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.90% during the next five years compared to -16.33% drop over the previous five years of trading.

James River Group Holdings Ltd (NASDAQ: JRVR) Trading Performance Indicators

Take a look at James River Group Holdings Ltd’s (JRVR) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.38. Likewise, its price to free cash flow for the trailing twelve months is 2.46.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.52, a number that is poised to hit 0.44 in the next quarter and is forecasted to reach 1.72 in one year’s time.

Technical Analysis of James River Group Holdings Ltd (JRVR)

Looking closely at James River Group Holdings Ltd (NASDAQ: JRVR), its last 5-days average volume was 1.01 million, which is a drop from its year-to-date volume of 1.39 million. As of the previous 9 days, the stock’s Stochastic %D was 35.29%. Additionally, its Average True Range was 0.43.

During the past 100 days, James River Group Holdings Ltd’s (JRVR) raw stochastic average was set at 18.81%, which indicates a significant decrease from 66.39% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 38.43% in the past 14 days, which was lower than the 77.48% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $9.09, while its 200-day Moving Average is $14.62. However, in the short run, James River Group Holdings Ltd’s stock first resistance to watch stands at $9.75. Second resistance stands at $10.02. The third major resistance level sits at $10.52. If the price goes on to break the first support level at $8.98, it is likely to go to the next support level at $8.48. Now, if the price goes above the second support level, the third support stands at $8.21.

James River Group Holdings Ltd (NASDAQ: JRVR) Key Stats

The company with the Market Capitalisation of 357.20 million has total of 37,640K Shares Outstanding. Its annual sales at the moment are 813,700 K in contrast with the sum of 30,970 K annual income. Company’s last quarter sales were recorded 233,430 K and last quarter income was 19,550 K.