Equities research analysts at StockNews.com initiated coverage on shares of Oxbridge Re (NASDAQ:OXBR – Get Free Report) in a report issued on Saturday. The firm set a “hold” rating on the insurance provider’s stock.
Oxbridge Re Stock Performance
Shares of NASDAQ OXBR opened at $1.05 on Friday. The company has a market capitalization of $6.16 million, a PE ratio of -0.62 and a beta of 0.86. The company’s fifty day moving average price is $1.03 and its 200 day moving average price is $1.10. Oxbridge Re has a 1 year low of $0.87 and a 1 year high of $2.03.
Oxbridge Re (NASDAQ:OXBR – Get Free Report) last posted its earnings results on Tuesday, March 26th. The insurance provider reported ($0.46) earnings per share (EPS) for the quarter. The firm had revenue of ($1.91) million for 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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