| (USD) | Dec 2023 | Q/Q |
|---|---|---|
| Revenue | -480MM | -306% |
| Operating Income | 26MM | -2% |
| Operating Expenses | -506MM | - |
| Net Income | -195.2MM | -1099% |
| Amortization | 91K | +1% |
| Interest Expense | 3.7MM | -49% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
PEMBROKE, Bermuda, April 16, 2024 (GLOBE NEWSWIRE) -- James River Group Holdings, Ltd. (“James River” or the “Company”) (NASDAQ: JRVR) today announced that Fleming Intermediate Holdings (“Fleming”) has completed its acquisition of JRG Reinsurance Company, Ltd. (“JRG Re”) at the previously agreed upon terms. Frank D’Orazio, the Company’s Chief Executive Officer, commented, “We are pleased to have successfully completed our sale of JRG Re to Fleming in accordance with the Stock Purchase Agreement
Court Requires Fleming to Complete the Transaction Within 10 daysPEMBROKE, Bermuda, April 08, 2024 (GLOBE NEWSWIRE) -- James River Group Holdings, Ltd. (“James River” or the “Company”) (NASDAQ: JRVR) announced that the Supreme Court, New York County, Commercial Division (the “Court”) granted the Company’s request for a preliminary injunction against Fleming Intermediate Holdings (“Fleming”), a portfolio company of private equity sponsor Altamont Capital Partners, ordering Fleming to complete its
James River Group (JRVR) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
OLDWICK, N.J., March 13, 2024--AM Best has commented that the Credit Rating (ratings) of James River Group Holdings, Ltd. (JRG Holdings) [NASDAQ: JRVR] (Bermuda) and its subsidiaries remain unchanged at this time following the announcement that JRG Holdings has filed a complaint in the Supreme Court, New York County, Commercial Division against Fleming Intermediate Holdings LLC (Fleming), a portfolio company of private equity sponsor, Altamont Capital Partners. The action seeks specific performa
Complaint Requests the Court to Grant Specific Performance, Requiring Fleming to Abide by Contractual Obligation to Complete TransactionPEMBROKE, Bermuda, March 11, 2024 (GLOBE NEWSWIRE) -- James River Group Holdings, Ltd. (“James River” or the “Company”) (NASDAQ: JRVR) announced that it has filed a complaint in the Supreme Court, New York County, Commercial Division against Fleming Intermediate Holdings (“Fleming”), a portfolio company of private equity sponsor Altamont Capital Partners. The ac
The board of James River Group Holdings, Ltd. ( NASDAQ:JRVR ) has announced that it will pay a dividend on the 29th of...
James River Group Holdings, Ltd. (NASDAQ:JRVR) Q4 2023 Earnings Call Transcript March 1, 2024 JRVR isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good morning. My name is Jenny, and I will be your conference operator today. At this time, […]
Net Loss Driven by Discontinued Operations Despite Strong Underwriting Performance
PEMBROKE, Bermuda, Feb. 28, 2024 (GLOBE NEWSWIRE) -- James River Group Holdings, Ltd. ("James River" or the "Company") (NASDAQ: JRVR) today reported the following results for the fourth quarter 2023 as compared to the same period in 2022: Three Months EndedDecember 31, Three Months EndedDecember 31,($ in thousands, except for share data) 2023 per diluted share 2022 per diluted shareNet income from continuing operations available to common shareholders$17,431 $0.46 $23,236 $0.60 Net loss from dis
When you peel back the curtain on the S&P 500’s recent record-setting gains, you’ll find they’ve primarily been fueled by just seven mega-cap technology stocks dubbed “The Magnificent Seven.” Exclude those stocks, and the broader market suddenly doesn’t look quite so magnificent anymore. This shows that not all stocks are created equal on Wall Street. The fast-growing tech leaders capture the headlines and steep valuations, overshadowing many undervalued stocks to buy. As investors, we tend to h