StockNews.com initiated coverage on shares of Oxbridge Re (NASDAQ:OXBR – Free Report) in a report issued on Wednesday. The brokerage issued a hold rating on the insurance provider’s stock.
Oxbridge Re Price Performance
Oxbridge Re stock opened at $3.01 on Wednesday. The firm has a 50-day moving average of $2.45 and a two-hundred day moving average of $1.56. Oxbridge Re has a 1 year low of $0.87 and a 1 year high of $3.72.
Oxbridge Re (NASDAQ:OXBR – Get Free Report) last released its quarterly earnings data on Thursday, May 9th. The insurance provider reported ($0.15) earnings per share for the quarter. The company 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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