StockNews.com began coverage on shares of Oxbridge Re (NASDAQ:OXBR – Free Report) in a report released on Tuesday morning. The brokerage issued a hold rating on the insurance provider’s stock.
Oxbridge Re Stock Performance
Shares of NASDAQ OXBR opened at $2.20 on Tuesday. Oxbridge Re has a 52 week low of $0.87 and a 52 week high of $2.55. The stock’s fifty day moving average is $1.27 and its 200 day moving average is $1.13. The stock has a market capitalization of $13.22 million, a P/E ratio of -1.18 and a beta of 0.82.
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 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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