Oxbridge Re (NASDAQ:OXBR) Coverage Initiated at StockNews.com

StockNews.com assumed coverage on shares of Oxbridge Re (NASDAQ:OXBRFree Report) in a report released on Thursday. The firm issued a hold rating on the insurance provider’s stock.

Oxbridge Re Stock Down 0.5 %

NASDAQ OXBR opened at $2.17 on Thursday. The stock has a fifty day simple moving average of $1.46 and a 200 day simple moving average of $1.19. Oxbridge Re has a twelve month low of $0.87 and a twelve month high of $2.55. The company has a market capitalization of $13.04 million, a price-to-earnings ratio of -1.17 and a beta of 0.97.

Oxbridge Re (NASDAQ:OXBRGet Free Report) last issued its quarterly earnings results on Thursday, May 9th. The insurance provider reported ($0.15) earnings per share for the quarter. The business had revenue of ($0.13) million during the quarter.

Oxbridge Re Company Profile

(Get Free Report)

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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