StockNews.com assumed coverage on shares of Oxbridge Re (NASDAQ:OXBR – Free Report) in a report issued on Wednesday. The brokerage issued a hold rating on the insurance provider’s stock.
Oxbridge Re Stock Performance
Shares of OXBR stock opened at $2.95 on Wednesday. The firm has a market cap of $17.73 million, a price-to-earnings ratio of -1.59 and a beta of 0.99. The firm’s 50-day simple moving average is $2.45 and its two-hundred day simple moving average is $1.56. Oxbridge Re has a 52 week low of $0.87 and a 52 week high of $3.72.
Oxbridge Re (NASDAQ:OXBR – Get Free Report) last announced its quarterly earnings data on Thursday, May 9th. The insurance provider reported ($0.15) earnings per share for the quarter. The company 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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