Oxbridge Re Holdings Limited (NASDAQ:OXBR – Get Free Report) shares crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $0.93 and traded as high as $1.02. Oxbridge Re shares last traded at $1.00, with a volume of 15,272 shares trading hands.
Analyst Ratings Changes
OXBR has been the subject of several recent analyst reports. Maxim Group cut their target price on Oxbridge Re from $5.00 to $3.00 and set a “buy” rating for the company in a research note on Tuesday, June 16th. Weiss Ratings raised Oxbridge Re from a “sell (e+)” rating to a “sell (d-)” rating in a report on Thursday, June 18th. Finally, Zacks Research upgraded Oxbridge Re to a “hold” rating in a research report on Wednesday, June 17th. One equities research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $3.00.
Read Our Latest Stock Report on Oxbridge Re
Oxbridge Re Price Performance
Oxbridge Re (NASDAQ:OXBR – Get Free Report) last released its quarterly earnings results on Saturday, February 14th. The insurance provider reported $0.02 earnings per share (EPS) for the quarter. The firm had revenue of $0.58 million during the quarter. Oxbridge Re had a negative net margin of 76.47% and a negative return on equity of 33.33%. Sell-side analysts predict that Oxbridge Re Holdings Limited will post -0.04 earnings per share for the current year.
Institutional Trading of Oxbridge Re
A number of institutional investors have recently bought and sold shares of the company. Virtu Financial LLC acquired a new stake in Oxbridge Re during the 3rd quarter worth about $32,000. Henrickson Nauta Wealth Advisors Inc. lifted its stake in shares of Oxbridge Re by 100.0% in the 4th quarter. Henrickson Nauta Wealth Advisors Inc. now owns 137,400 shares of the insurance provider’s stock valued at $185,000 after purchasing an additional 68,700 shares during the period. International Assets Investment Management LLC bought a new stake in shares of Oxbridge Re during the 4th quarter valued at about $39,000. Finally, J.W. Cole Advisors Inc. boosted its position in shares of Oxbridge Re by 106.1% during the 4th quarter. J.W. Cole Advisors Inc. now owns 68,000 shares of the insurance provider’s stock valued at $90,000 after purchasing an additional 35,000 shares in the last quarter. Institutional investors own 5.64% of the company’s stock.
About Oxbridge Re
Oxbridge Re Holdings Limited (NASDAQ: OXBR) is a reinsurance holding company that provides capital solutions and risk-sharing arrangements to insurance carriers. Its core business centers on offering treaty reinsurance and structured transactions designed to help insurers manage underwriting exposures and optimize their capital efficiency. By leveraging tailored financing structures, Oxbridge Re enables clients to transfer segments of their in-force life and health insurance portfolios, freeing up capital for growth or other strategic initiatives.
The company’s products and services include quota share reinsurance, coinsurance, and loss portfolio transfers, each crafted to address specific balance sheet and earnings targets of cedents.
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