Oxbridge Re (NASDAQ:OXBR – Get Free Report) issued its quarterly earnings data on Wednesday. The insurance provider reported ($0.05) earnings per share for the quarter, Zacks reports. The business had revenue of $0.42 million during the quarter.
Oxbridge Re Stock Performance
Shares of NASDAQ OXBR opened at $1.99 on Friday. The stock has a market cap of $13.41 million, a price-to-earnings ratio of -2.37 and a beta of 1.30. The business has a 50 day simple moving average of $3.89 and a 200 day simple moving average of $3.39. Oxbridge Re has a 52 week low of $0.94 and a 52 week high of $5.81.
Analyst Upgrades and Downgrades
Separately, StockNews.com started coverage on shares of Oxbridge Re in a research note on Friday, March 21st. They issued a “hold” rating for the company.
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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