Oxbridge Re (NASDAQ:OXBR) Shares Pass Above Fifty Day Moving Average – Here’s What Happened

Oxbridge Re Holdings Limited (NASDAQ:OXBR)’s stock price crossed above its 50 day moving average during trading on Friday . The stock has a 50 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 traded.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on OXBR shares. Weiss Ratings raised Oxbridge Re from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Thursday, June 18th. Maxim Group lowered their price target on shares of Oxbridge Re from $5.00 to $3.00 and set a “buy” rating for the company in a research report on Tuesday, June 16th. Finally, Zacks Research upgraded shares of Oxbridge Re to a “hold” rating in a report on Wednesday, June 17th. One analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $3.00.

Oxbridge Re Trading Up 6.4%

The business has a 50-day simple moving average of $0.93 and a two-hundred day simple moving average of $1.04. The stock has a market cap of $8.10 million, a price-to-earnings ratio of -4.00 and a beta of 2.02. The company has a debt-to-equity ratio of 0.16, a current ratio of 8.15 and a quick ratio of 8.15.

Oxbridge Re (NASDAQ:OXBR) last posted its earnings results on Saturday, February 14th. The insurance provider reported $0.02 earnings per share (EPS) for the quarter. Oxbridge Re had a negative net margin of 76.47% and a negative return on equity of 33.33%. The company had revenue of $0.58 million during the quarter. Equities analysts forecast that Oxbridge Re Holdings Limited will post -0.04 EPS for the current fiscal year.

Institutional Trading of Oxbridge Re

A number of institutional investors have recently bought and sold shares of OXBR. Virtu Financial LLC bought a new position in shares of Oxbridge Re in the third quarter worth $32,000. Henrickson Nauta Wealth Advisors Inc. increased its holdings in 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 buying an additional 68,700 shares during the period. International Assets Investment Management LLC bought a new position in Oxbridge Re in the 4th quarter valued at about $39,000. Finally, J.W. Cole Advisors Inc. raised its position in shares of Oxbridge Re by 106.1% in the 4th quarter. J.W. Cole Advisors Inc. now owns 68,000 shares of the insurance provider’s stock valued at $90,000 after buying 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.