James River Group Holdings Ltd. (JRVR) Moves Lower on Volume Spike for February 26

Equities Staff  |

James River Group Holdings Ltd. (JRVR) traded on unusually high volume on Feb. 26, as the stock lost 1.52% to close at $33.93. On the day, James River Group Holdings Ltd. saw 782,080 shares trade hands on 5,314 trades. Considering that the stock averages only a daily volume of 491,989 shares a day over the last month, this represents a pretty significant bump in volume over the norm.

Generally speaking, when a stock experiences a sudden spike in trading volume, it may be seen as a bullish signal for investors. An increase in volume means more market awareness for the company, potentially setting up a more meaningful move in stock price. The added volume also provides a level of support and stability for price advances.

The stock has traded between $44.34 and $33.40 over the last 52-weeks, its 50-day SMA is now $38.14, and its 200-day SMA $39.37. James River Group Holdings Ltd. has a P/B ratio of 1.4. It also has a P/E ratio of 15.1.

James River Group Holdings Ltd owns and operates a group of specialty insurance and reinsurance companies founded by members of its management team. It is organized for the purpose of acquiring & managing insurance and reinsurance entities.

Headquartered in Pembroke, , James River Group Holdings Ltd. has 557 employees and is currently under the leadership of CEO Robert P. Myron.

For a complete fundamental analysis analysis of James River Group Holdings Ltd., check out Equities.com’s Stock Valuation Analysis report for JRVR.

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To get more information on James River Group Holdings Ltd. and to follow the company’s latest updates, you can visit the company’s profile page here: JRVR’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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