The Message From Pier 1 Imports Inc. (PIR) and James River Group Holdings Ltd. (JRVR) Is Loud And Clear

Pier 1 Imports Inc. (NYSE:PIR) traded at an unexpectedly low on Friday, posting a -9.12% after which it closed the day’ session at $8.47. The results of the trading session contributed to over 120585 shares changing hands. Shocker? The volume performance for the stock on the day in question is unusually low, especially when matched against average 282080.0. Traders can make of these figures one thing: sentiment in terms of actual shares traded is cooling down. Analysts have not ignored the recent trading for the stock and have since made their opinions very clear on what the stock could do.

What Analysts Are Saying And Expect

The price target set for the Pier 1 Imports Inc. (PIR) is $4.00 and this sets up an interesting set of potential movement for the stock. Based on current valuation, the price target means that analysts expect the stock to move -111.75%. The target price is an amalgamation of differing takes on what the stock will do over time.

Gordon Haskett for instance, Downgrade the stock on March 21, 2019 whilst Gordon Haskett issued a Upgrade the stock on January 08, 2019. Argus Downgrade coverage for the stock on November 12, 2018 and Telsey Advisory Group issued a Reiterated the stock on September 21, 2018. Raymond James also Downgrade the stock on April 23, 2018.

All these opinions have come together to present the composite price target for the stock. Traders should keep an eye on these opinions.

The deeper technical indicators have offered up some solid data for traders The stock is up on the following periods of measurement of performance. On a weekly basis, the stock is 22.22%. On a monthly basis the stock is 54.00%. The quarterly performance for the stock is 93.38%, while the half-yearly performance is -29.09%. The stock’s beta is 3.93 whilst the stock has an average true range (ATR) of 0.88. Other technical indicators are worth considering in assessing the prospects for PIR. RSI for instance is currently at 56.35. The stock has seen a uptick on its SMA 50 which is now 4.85%. In looking the SMA 200 we see that the stock has seen a -22.51%.

James River Group Holdings Ltd. (NASDAQ:JRVR)

James River Group Holdings Ltd. (JRVR) traded at an unexpectedly low on Friday, posting a -0.15% after which it closed the day’ session at $39.56. The results of the trading session contributed to over 120986 shares changing hands. Surprise? The volume performance for the stock on the day in question is unusually low, especially when matched against average 258.62K. Traders can make of these figures one thing: sentiment in terms of actual shares traded is cooling down. JRVR has certainly shown an interesting set of movements, but what is the outlook from analysts. Quite interesting in fact.

What Analysts Are Saying And Expect

The price target set for the James River Group Holdings Ltd. (JRVR) is $40.20 and this sets up an interesting set of potential movement for the stock. Based on current valuation, the price target means that analysts expect the stock to move 1.59%. The target price is an amalgamation of differing takes on what the stock will do over time.

UBS for instance, Upgrade the stock on November 26, 2019 whilst SunTrust issued a Downgrade the stock on October 09, 2019. B. Riley FBR Downgrade coverage for the stock on October 09, 2019 and Keefe Bruyette issued a Downgrade the stock on November 12, 2018. Keefe Bruyette also Upgrade the stock on March 15, 2018.

All these opinions have come together to present the composite price target for the stock. Traders should keep an eye on these opinions.

The deeper technical indicators have offered up some solid data for traders The stock is up on the following periods of measurement of performance. On a weekly basis, the stock is 8.65%. On a monthly basis the stock is 11.37%. The quarterly performance for the stock is -19.72%, while the half-yearly performance is -29.09%. The stock’s beta is 0.48 whilst the stock has an average true range (ATR) of 0.97. Other technical indicators are worth considering in assessing the prospects for JRVR. RSI for instance is currently at 56.96. The stock has seen a fall-off on its SMA 50 which is now -1.78%. In looking the SMA 200 we see that the stock has seen a -9.28%.