StockNews.com started protection on shares of Oxbridge Re (NASDAQ:OXBR – Free Report) in a analysis notice issued to traders on Wednesday. The brokerage issued a maintain ranking on the insurance coverage supplier’s inventory.
Oxbridge Re Inventory Efficiency
Shares of OXBR opened at $2.74 on Wednesday. The agency has a market cap of $16.55 million, a PE ratio of -3.26 and a beta of 0.96. Oxbridge Re has a 52-week low of $0.87 and a 52-week excessive of $3.72. The enterprise’s 50 day shifting common value is $2.63 and its two-hundred day shifting common value is $2.40.
Institutional Inflows and Outflows
An institutional investor lately raised its place in Oxbridge Re inventory. Geode Capital Administration LLC grew its stake in shares of Oxbridge Re Holdings Restricted (NASDAQ:OXBR – Free Report) by 3.3% throughout the third quarter, in keeping with its most up-to-date Kind 13F submitting with the Securities and Alternate Fee. The agency owned 129,294 shares of the insurance coverage supplier’s inventory after buying an extra 4,141 shares throughout the interval. Geode Capital Administration LLC owned roughly 2.14% of Oxbridge Re price $359,000 as of its most up-to-date submitting with the Securities and Alternate Fee. Institutional traders personal 5.64% of the corporate’s inventory.
Oxbridge Re Firm Profile
Oxbridge Re Holdings Restricted, via its subsidiaries, gives specialty property and casualty reinsurance options. The corporate underwrites collateralized reinsurance contracts primarily for property and casualty insurance coverage corporations within the Gulf Coast area of the USA. It additionally points reinsurance contracts via digital securities by blockchain expertise.
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