Investment analysts at StockNews.com started coverage on shares of Oxbridge Re (NASDAQ:OXBR – Get Free Report) in a research report issued to clients and investors on Sunday. The firm set a “hold” rating on the insurance provider’s stock.
Oxbridge Re Stock Up 5.9 %
Shares of NASDAQ:OXBR opened at $1.25 on Friday. The business has a 50 day moving average price of $1.05 and a 200 day moving average price of $1.09. Oxbridge Re has a twelve month low of $0.87 and a twelve month high of $2.03. The company has a market cap of $7.51 million, a price-to-earnings ratio of -0.74 and a beta of 0.82.
Oxbridge Re (NASDAQ:OXBR – Get Free Report) last announced 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.
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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