StockNews.com assumed coverage on shares of Oxbridge Re (NASDAQ:OXBR – Free Report) in a research report sent to investors on Saturday morning. The firm issued a hold rating on the insurance provider’s stock.
Oxbridge Re Trading Down 6.8 %
Shares of OXBR opened at $0.96 on Friday. Oxbridge Re has a 1 year low of $0.96 and a 1 year high of $2.87. The stock has a market cap of $5.64 million, a P/E ratio of -4.00 and a beta of 1.48. The stock’s 50-day moving average price is $1.42 and its two-hundred day moving average price is $1.52.
Oxbridge Re (NASDAQ:OXBR – Get Free Report) last issued its earnings results on Monday, August 14th. The insurance provider reported ($0.01) earnings per share (EPS) for the quarter. The business had revenue of $0.69 million during the quarter.
Insider Transactions at Oxbridge Re
Institutional Investors Weigh In On Oxbridge Re
An institutional investor recently raised its position in Oxbridge Re stock. Dimensional Fund Advisors LP lifted its holdings in shares of Oxbridge Re Holdings Limited (NASDAQ:OXBR – Free Report) by 19.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 54,753 shares of the insurance provider’s stock after purchasing an additional 9,026 shares during the quarter. Dimensional Fund Advisors LP owned 0.95% of Oxbridge Re worth $299,000 at the end of the most recent quarter. 21.37% of the stock is currently owned by hedge funds and other institutional investors.
Oxbridge Re Company Profile
Oxbridge Re Holdings Limited, together with its subsidiaries, provides specialty property and casualty reinsurance solutions. The company underwrites reinsurance contracts primarily for property and casualty insurance companies in the Gulf Coast region of the United States. It distributes its products and solutions through reinsurance brokers.
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