James River Group (NASDAQ:JRVR) Getting Favorable News Coverage, Study Finds

News articles about James River Group (NASDAQ:JRVR) have been trending positive recently, Accern Sentiment reports. The research firm rates the sentiment of news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. James River Group earned a daily sentiment score of 0.33 on Accern’s scale. Accern also gave media stories about the insurance provider an impact score of 46.2410684706745 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

James River Group (NASDAQ:JRVR) traded up $0.60 during mid-day trading on Thursday, hitting $39.71. 236,800 shares of the stock traded hands, compared to its average volume of 406,110. The stock has a market cap of $1,158.11, a price-to-earnings ratio of 17.78 and a beta of 0.36. The company has a current ratio of 0.25, a quick ratio of 0.25 and a debt-to-equity ratio of 0.12. James River Group has a 1 year low of $35.38 and a 1 year high of $46.20.

A number of research firms have recently commented on JRVR. B. Riley restated a “buy” rating and set a $47.00 target price on shares of James River Group in a research report on Tuesday, November 14th. BidaskClub cut James River Group from a “hold” rating to a “sell” rating in a report on Tuesday, December 12th. Finally, Zacks Investment Research upgraded James River Group from a “sell” rating to a “hold” rating in a report on Wednesday, January 3rd. One research analyst has rated the stock with a sell rating, four have issued a hold rating and one has given a buy rating to the company’s stock. James River Group presently has an average rating of “Hold” and a consensus target price of $42.67.

In related news, Director Bryan Martin sold 450,000 shares of James River Group stock in a transaction that occurred on Monday, November 27th. The shares were sold at an average price of $38.10, for a total value of $17,145,000.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 41.00% of the stock is currently owned by company insiders.

ILLEGAL ACTIVITY NOTICE: This piece was first posted by Week Herald and is the property of of Week Herald. If you are accessing this piece on another website, it was illegally stolen and republished in violation of international trademark & copyright laws. The legal version of this piece can be viewed at https://weekherald.com/2018/02/22/positive-news-coverage-somewhat-unlikely-to-affect-james-river-group-jrvr-stock-price.html.

James River Group Company Profile

James River Group Holdings, Ltd. (JRG Holdings) is an insurance and reinsurance holding company. The Company operates through four segments: Excess and Surplus Lines, Specialty Admitted Insurance, Casualty Reinsurance, and Corporate and Other. The Excess and Surplus Lines segment offers commercial excess and surplus lines liability and excess property insurance products.

Insider Buying and Selling by Quarter for James River Group (NASDAQ:JRVR)

Receive News & Ratings for James River Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for James River Group and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply