StockNews.com started coverage on shares of Oxbridge Re (NASDAQ:OXBR – Get Free Report) in a research note issued on Friday. The firm set a “hold” rating on the insurance provider’s stock.
Oxbridge Re Stock Down 2.4 %
Shares of NASDAQ OXBR opened at $1.02 on Friday. Oxbridge Re has a 12 month low of $0.87 and a 12 month high of $2.03. The company has a market cap of $5.99 million, a P/E ratio of -0.60 and a beta of 0.86. The business’s 50 day moving average is $1.03 and its two-hundred day moving average is $1.13.
Oxbridge Re (NASDAQ:OXBR – Get Free Report) last released its earnings results on Tuesday, March 26th. The insurance provider reported ($0.46) earnings per share for the quarter. The company had revenue of ($1.91) million during the quarter.
Hedge Funds Weigh In On Oxbridge Re
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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