StockNews.com initiated coverage on shares of Oxbridge Re (NASDAQ:OXBR – Free Report) in a research report sent to investors on Monday morning. The brokerage issued a hold rating on the insurance provider’s stock.
Oxbridge Re Trading Up 6.8 %
OXBR stock opened at $2.50 on Monday. The stock has a market capitalization of $15.02 million, a P/E ratio of -1.34 and a beta of 0.99. Oxbridge Re has a 12 month low of $0.87 and a 12 month high of $2.90. The firm has a 50-day moving average price of $2.11 and a 200-day moving average price of $1.41.
Oxbridge Re (NASDAQ:OXBR – Get Free Report) last posted its earnings results on Thursday, May 9th. The insurance provider reported ($0.15) EPS for the quarter. The firm 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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