StockNews.com assumed coverage on shares of Oxbridge Re (NASDAQ:OXBR – Free Report) in a research report report published on Friday. The brokerage issued a hold rating on the insurance provider’s stock.
Oxbridge Re Trading Down 4.4 %
Shares of OXBR traded down $0.12 during mid-day trading on Friday, reaching $2.59. The company had a trading volume of 14,799 shares, compared to its average volume of 46,192. Oxbridge Re has a twelve month low of $0.87 and a twelve month high of $3.72. The company’s 50-day moving average is $2.57 and its 200-day moving average is $1.68.
Oxbridge Re (NASDAQ:OXBR – Get Free Report) last released its quarterly earnings results on Thursday, May 9th. The insurance provider reported ($0.15) EPS for the quarter. The company had revenue of ($0.13) million during the quarter.
Insider Transactions at Oxbridge Re
Institutional Trading of Oxbridge Re
A hedge fund recently raised its stake in Oxbridge Re stock. Henrickson Nauta Wealth Advisors Inc. raised its position in Oxbridge Re Holdings Limited (NASDAQ:OXBR – Free Report) by 50.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 15,000 shares of the insurance provider’s stock after purchasing an additional 5,000 shares during the quarter. Henrickson Nauta Wealth Advisors Inc. owned 0.25% of Oxbridge Re worth $36,000 at the end of the most recent reporting period. Institutional investors own 5.64% of the company’s stock.
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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