StockNews.com began coverage on shares of Oxbridge Re (NASDAQ:OXBR – Free Report) in a research report released on Tuesday morning. The firm issued a hold rating on the insurance provider’s stock.
Oxbridge Re Trading Down 5.9 %
OXBR opened at $2.23 on Tuesday. The company has a market cap of $13.40 million, a P/E ratio of -1.20 and a beta of 0.82. The business’s 50-day moving average price is $1.24 and its 200-day moving average price is $1.12. Oxbridge Re has a 12 month low of $0.87 and a 12 month high of $2.55.
Oxbridge Re (NASDAQ:OXBR – Get Free Report) last announced its quarterly earnings results on Thursday, May 9th. The insurance provider reported ($0.15) earnings per share (EPS) for the quarter. The company had revenue of ($0.13) 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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