Equities researchers at StockNews.com started coverage on shares of Oxbridge Re (NASDAQ:OXBR – Get Free Report) in a research note issued on Friday. The brokerage set a “hold” rating on the insurance provider’s stock.
Oxbridge Re Trading Up 6.7 %
NASDAQ OXBR opened at $2.55 on Friday. Oxbridge Re has a 12 month low of $0.87 and a 12 month high of $2.72. The stock has a market cap of $15.33 million, a price-to-earnings ratio of -1.37 and a beta of 0.97. The company’s 50 day moving average is $1.61 and its two-hundred day moving average is $1.24.
Oxbridge Re (NASDAQ:OXBR – Get Free Report) last released its earnings results on Thursday, May 9th. The insurance provider reported ($0.15) EPS for the quarter. The business had revenue of ($0.13) 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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