StockNews.com began coverage on shares of Oxbridge Re (NASDAQ:OXBR – Free Report) in a report published on Wednesday. The brokerage issued a hold rating on the insurance provider’s stock.
Oxbridge Re Stock Down 12.0 %
OXBR stock opened at $3.01 on Wednesday. Oxbridge Re has a one year low of $0.87 and a one year high of $3.72. The firm has a 50-day moving average of $2.45 and a two-hundred day moving average of $1.56.
Oxbridge Re (NASDAQ:OXBR – Get Free Report) last issued 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 for the quarter.
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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