Oxbridge Re (NASDAQ:OXBRW – Get Free Report) is expected to issue its results after the market closes on Monday, November 9th. Analysts expect Oxbridge Re to announce earnings of ($0.05) per share and revenue of $0.40 million for the quarter.
Oxbridge Re Stock Performance
Oxbridge Re stock traded down $0.05 during midday trading on Monday, reaching $0.20. The stock had a trading volume of 8,540 shares, compared to its average volume of 8,668. Oxbridge Re has a 52-week low of $0.06 and a 52-week high of $0.39. The company has a fifty day moving average of $0.15 and a 200 day moving average of $0.12.
About Oxbridge Re
Oxbridge Re Holdings Limited is a Bermuda-based specialty reinsurance holding company. Through its subsidiaries, the company provides collateralized reinsurance and other alternative risk-transfer solutions, primarily covering property catastrophe exposures such as hurricanes and other severe weather events.
Oxbridge Re’s business is focused on assuming defined catastrophe risks from insurance companies in exchange for reinsurance premiums. Its collateralized structure is designed to support underwriting with dedicated capital, with losses generally limited to the collateral committed to a particular transaction.
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