StockNews.com Begins Coverage on Oxbridge Re (NASDAQ:OXBR)

StockNews.com started coverage on shares of Oxbridge Re (NASDAQ:OXBRFree Report) in a research note released on Sunday. The brokerage issued a hold rating on the insurance provider’s stock.

Oxbridge Re Price Performance

Shares of NASDAQ:OXBR opened at $1.54 on Friday. The company has a market capitalization of $9.26 million, a PE ratio of -0.91 and a beta of 0.82. Oxbridge Re has a 1 year low of $0.87 and a 1 year high of $2.03. The business has a fifty day moving average price of $1.07 and a two-hundred day moving average price of $1.09.

Oxbridge Re (NASDAQ:OXBRGet Free Report) last posted its quarterly earnings data on Tuesday, March 26th. The insurance provider reported ($0.46) earnings per share (EPS) for the quarter. The company had revenue of ($1.91) million for the quarter.

About Oxbridge Re

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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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