Research analysts at StockNews.com assumed coverage on shares of Oxbridge Re (NASDAQ:OXBR – Get Free Report) in a research note issued to investors on Monday. The firm set a “hold” rating on the insurance provider’s stock.
Oxbridge Re Price Performance
Shares of OXBR stock opened at $2.22 on Monday. The business has a 50-day moving average of $2.06 and a 200 day moving average of $1.40. Oxbridge Re has a 1-year low of $0.87 and a 1-year high of $2.90. The stock has a market capitalization of $13.34 million, a PE ratio of -1.19 and a beta of 0.99.
Oxbridge Re (NASDAQ:OXBR – Get Free Report) last released its quarterly earnings data on Thursday, May 9th. The insurance provider reported ($0.15) earnings per share for the quarter. The firm had revenue of ($0.13) million during 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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