StockNews.com assumed coverage on shares of Oxbridge Re (NASDAQ:OXBR – Free Report) in a research note published on Sunday. The firm issued a hold rating on the insurance provider’s stock.
Oxbridge Re Stock Performance
Shares of NASDAQ:OXBR opened at $1.54 on Friday. Oxbridge Re has a 52-week low of $0.87 and a 52-week high of $2.03. The stock has a market capitalization of $9.26 million, a price-to-earnings ratio of -0.91 and a beta of 0.82. The stock’s 50-day simple moving average is $1.07 and its two-hundred day simple moving average is $1.09.
Oxbridge Re (NASDAQ:OXBR – Get Free Report) last announced its earnings results on Tuesday, March 26th. The insurance provider reported ($0.46) EPS for the quarter. The business had revenue of ($1.91) million for the quarter.
About Oxbridge Re
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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