StockNews.com began coverage on shares of Oxbridge Re (NASDAQ:OXBR – Get Free Report) in a research report issued to clients and investors on Sunday. The firm set a “hold” rating on the insurance provider’s stock.
Oxbridge Re Stock Down 1.7 %
Oxbridge Re stock opened at $2.38 on Friday. Oxbridge Re has a 12-month low of $0.87 and a 12-month high of $2.90. The firm’s fifty day moving average is $1.89 and its 200 day moving average is $1.34. The company has a market capitalization of $14.30 million, a PE ratio of -1.28 and a beta of 0.97.
Oxbridge Re (NASDAQ:OXBR – Get Free Report) last released its earnings results on Thursday, May 9th. The insurance provider reported ($0.15) earnings per share (EPS) for the quarter. The company had revenue of ($0.13) million for 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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