Oxbridge Re (NASDAQ:OXBR – Get Free Report) announced its quarterly earnings data on Wednesday. The insurance provider reported ($0.05) earnings per share (EPS) for the quarter, Zacks reports. The firm had revenue of $0.42 million for the quarter.
Oxbridge Re Stock Down 5.7 %
Oxbridge Re stock opened at $1.99 on Friday. Oxbridge Re has a 12-month low of $0.94 and a 12-month high of $5.81. The stock has a 50-day simple moving average of $3.89 and a 200 day simple moving average of $3.39. The stock has a market capitalization of $13.41 million, a price-to-earnings ratio of -2.37 and a beta of 1.30.
Wall Street Analyst Weigh In
Separately, StockNews.com started coverage on Oxbridge Re in a research report on Friday, March 21st. They issued a “hold” rating on the stock.
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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