StockNews.com initiated coverage on shares of Oxbridge Re (NASDAQ:OXBR – Get Free Report) in a report released on Saturday. The firm set a “hold” rating on the insurance provider’s stock.
Oxbridge Re Stock Down 6.4 %
Oxbridge Re stock opened at $2.35 on Friday. Oxbridge Re has a twelve month low of $0.87 and a twelve month high of $2.90. The company’s 50-day moving average price is $1.75 and its 200-day moving average price is $1.29. The company has a market cap of $14.12 million, a PE ratio of -1.26 and a beta of 0.97.
Oxbridge Re (NASDAQ:OXBR – Get Free Report) last issued its quarterly earnings data on Thursday, May 9th. The insurance provider reported ($0.15) earnings per share for the quarter. The business had revenue of ($0.13) million during 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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