Equities research analysts at StockNews.com assumed coverage on shares of Oxbridge Re (NASDAQ:OXBR – Get Free Report) in a note issued to investors on Wednesday. The brokerage set a “hold” rating on the insurance provider’s stock.
Oxbridge Re Stock Performance
NASDAQ OXBR opened at $3.42 on Wednesday. The company has a market capitalization of $20.55 million, a P/E ratio of -1.84 and a beta of 0.99. Oxbridge Re has a one year low of $0.87 and a one year high of $3.72. The stock has a 50 day moving average price of $2.43 and a 200-day moving average price of $1.54.
Oxbridge Re (NASDAQ:OXBR – Get Free Report) last issued 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.
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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