StockNews.com assumed coverage on shares of Oxbridge Re (NASDAQ:OXBR – Get Free Report) in a research report issued to clients and investors on Wednesday. The firm set a “hold” rating on the insurance provider’s stock.
Oxbridge Re Trading Down 0.3 %
Shares of OXBR opened at $3.42 on Wednesday. Oxbridge Re has a 12 month low of $0.87 and a 12 month high of $3.72. The stock’s 50 day moving average is $2.43 and its two-hundred day moving average is $1.54. The firm has a market cap of $20.55 million, a P/E ratio of -1.84 and a beta of 0.99.
Oxbridge Re (NASDAQ:OXBR – Get Free Report) last issued its quarterly earnings data on Thursday, May 9th. The insurance provider reported ($0.15) EPS for the quarter. The business had revenue of ($0.13) million during the quarter.
About Oxbridge Re
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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