StockNews.com began coverage on shares of Oxbridge Re (NASDAQ:OXBR – Free Report) in a research note issued to investors on Saturday. The brokerage issued a hold rating on the insurance provider’s stock.
Oxbridge Re Stock Performance
OXBR stock opened at $1.07 on Friday. The business’s 50-day moving average is $1.03 and its two-hundred day moving average is $1.10. Oxbridge Re has a fifty-two week low of $0.87 and a fifty-two week high of $2.03. The company has a market cap of $6.25 million, a price-to-earnings ratio of -0.63 and a beta of 0.86.
Oxbridge Re (NASDAQ:OXBR – Get Free Report) last posted its quarterly earnings data on Tuesday, March 26th. The insurance provider reported ($0.46) EPS for the quarter. The firm had revenue of ($1.91) million during the quarter.
Oxbridge Re Company Profile
Oxbridge Re Holdings Limited, through its subsidiaries, provides specialty property and casualty reinsurance solutions. The company underwrites collateralized reinsurance contracts primarily for property and casualty insurance companies in the Gulf Coast region of the United States. It also issues reinsurance contracts through digital securities by blockchain technology.
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