Oxbridge Re (NASDAQ:OXBR) Coverage Initiated at StockNews.com

Investment analysts at StockNews.com assumed coverage on shares of Oxbridge Re (NASDAQ:OXBRGet Free Report) in a research note issued to investors on Wednesday. The firm set a “hold” rating on the insurance provider’s stock.

Oxbridge Re Stock Performance

Shares of OXBR opened at $2.17 on Wednesday. Oxbridge Re has a 52-week low of $0.87 and a 52-week high of $2.55. The firm has a market cap of $13.04 million, a price-to-earnings ratio of -1.17 and a beta of 0.82. The business’s fifty day moving average is $1.35 and its 200-day moving average is $1.15.

Oxbridge Re (NASDAQ:OXBRGet Free Report) last posted its earnings results on Thursday, May 9th. The insurance provider reported ($0.15) EPS for the quarter. The firm had revenue of ($0.13) million for the quarter.

About Oxbridge Re

(Get Free Report)

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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