Oxbridge Re (NASDAQ:OXBR) Shares Pass Above 50 Day Moving Average – Time to Sell?

Oxbridge Re Holdings Limited (NASDAQ:OXBRGet Free Report) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $0.89 and traded as high as $1.09. Oxbridge Re shares last traded at $0.9620, with a volume of 190,629 shares changing hands.

Wall Street Analyst Weigh In

Separately, Weiss Ratings cut Oxbridge Re from a “sell (d-)” rating to a “sell (e+)” rating in a report on Wednesday, June 3rd. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has a consensus rating of “Sell”.

Check Out Our Latest Research Report on OXBR

Oxbridge Re Stock Performance

The company has a 50 day moving average price of $0.89 and a 200-day moving average price of $1.07. The company has a current ratio of 8.15, a quick ratio of 8.15 and a debt-to-equity ratio of 0.16. The company has a market cap of $7.79 million, a P/E ratio of -3.85 and a beta of 2.02.

Oxbridge Re (NASDAQ:OXBRGet Free Report) last issued its quarterly earnings results on Saturday, February 14th. The insurance provider reported $0.02 earnings per share (EPS) for the quarter. Oxbridge Re had a negative return on equity of 33.33% and a negative net margin of 76.47%.The company had revenue of $0.58 million for the quarter.

Hedge Funds Weigh In On Oxbridge Re

Several hedge funds and other institutional investors have recently modified their holdings of OXBR. Virtu Financial LLC bought a new position in shares of Oxbridge Re in the 3rd quarter valued at $32,000. International Assets Investment Management LLC bought a new position in shares of Oxbridge Re in the 4th quarter valued at $39,000. J.W. Cole Advisors Inc. bought a new position in shares of Oxbridge Re in the 3rd quarter valued at $59,000. Finally, Henrickson Nauta Wealth Advisors Inc. increased its stake in shares of Oxbridge Re by 100.0% in the 4th quarter. Henrickson Nauta Wealth Advisors Inc. now owns 137,400 shares of the insurance provider’s stock valued at $185,000 after purchasing an additional 68,700 shares during the last quarter. Institutional investors own 5.64% of the company’s stock.

About Oxbridge Re

(Get Free Report)

Oxbridge Re Holdings Limited (NASDAQ: OXBR) is a reinsurance holding company that provides capital solutions and risk-sharing arrangements to insurance carriers. Its core business centers on offering treaty reinsurance and structured transactions designed to help insurers manage underwriting exposures and optimize their capital efficiency. By leveraging tailored financing structures, Oxbridge Re enables clients to transfer segments of their in-force life and health insurance portfolios, freeing up capital for growth or other strategic initiatives.

The company’s products and services include quota share reinsurance, coinsurance, and loss portfolio transfers, each crafted to address specific balance sheet and earnings targets of cedents.

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