Oxbridge Re (NASDAQ:OXBR – Get Free Report) announced its earnings results on Wednesday. The insurance provider reported ($0.05) EPS for the quarter, Zacks reports.
Oxbridge Re Trading Down 4.1 %
OXBR stock traded down $0.09 during mid-day trading on Wednesday, reaching $2.11. The company’s stock had a trading volume of 48,483 shares, compared to its average volume of 30,348. The company’s 50 day moving average is $3.96 and its two-hundred day moving average is $3.41. Oxbridge Re has a fifty-two week low of $0.94 and a fifty-two week high of $5.81. The stock has a market cap of $14.22 million, a PE ratio of -2.51 and a beta of 1.30.
Analyst Ratings Changes
Separately, StockNews.com assumed coverage on Oxbridge Re in a report on Friday, March 21st. They issued a “hold” rating on the stock.
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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