Oxbridge Re (NASDAQ:OXBR – Get Free Report) issued its quarterly earnings results on Wednesday. The insurance provider reported ($0.05) earnings per share (EPS) for the quarter, Zacks reports.
Oxbridge Re Stock Performance
NASDAQ OXBR opened at $2.11 on Thursday. The company has a market capitalization of $14.22 million, a P/E ratio of -2.51 and a beta of 1.30. Oxbridge Re has a 52-week low of $0.94 and a 52-week high of $5.81. The company has a fifty day moving average of $3.93 and a 200-day moving average of $3.40.
Analyst Upgrades and Downgrades
Separately, StockNews.com started coverage on shares of Oxbridge Re in a research note 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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