StockNews.com started coverage on shares of Oxbridge Re (NASDAQ:OXBR – Free Report) in a report issued on Sunday morning. The brokerage issued a hold rating on the insurance provider’s stock.
Oxbridge Re Stock Performance
Shares of NASDAQ:OXBR opened at $1.27 on Friday. The firm has a fifty day moving average of $1.06 and a 200 day moving average of $1.08. Oxbridge Re has a 52-week low of $0.87 and a 52-week high of $2.03. The firm has a market capitalization of $7.63 million, a PE ratio of -0.75 and a beta of 0.82.
Oxbridge Re (NASDAQ:OXBR – Get Free Report) last released its earnings results on Tuesday, March 26th. The insurance provider reported ($0.46) earnings per share for the quarter. The company had revenue of ($1.91) million during 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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