StockNews.com initiated coverage on shares of Oxbridge Re (NASDAQ:OXBR – Free Report) in a research report report published on Sunday. The brokerage issued a hold rating on the insurance provider’s stock.
Oxbridge Re Stock Performance
OXBR traded up $0.07 during midday trading on Friday, reaching $1.25. 26,605 shares of the company were exchanged, compared to its average volume of 12,341. Oxbridge Re has a one year low of $0.87 and a one year high of $2.03. The company’s fifty day moving average price is $1.04 and its 200 day moving average price is $1.09.
Oxbridge Re (NASDAQ:OXBR – Get Free Report) last released its quarterly earnings results on Tuesday, March 26th. The insurance provider reported ($0.46) EPS for the quarter. The company had revenue of ($1.91) million during the quarter.
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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