ValuEngine downgraded shares of Oxbridge Re (NASDAQ:OXBR) from a buy rating to a hold rating in a report published on Tuesday, ValuEngine reports.

Shares of OXBR stock traded down $0.04 on Tuesday, hitting $0.80. The company’s stock had a trading volume of 400 shares, compared to its average volume of 11,187. The stock’s 50 day moving average is $0.95 and its 200-day moving average is $1.09. Oxbridge Re has a fifty-two week low of $0.51 and a fifty-two week high of $2.93.

Oxbridge Re Company Profile

Oxbridge Re Holdings Limited, through its subsidiaries, provides specialty property and casualty reinsurance solutions. It focuses on underwriting fully-collateralized reinsurance contracts primarily for property and casualty insurance companies in the Gulf Coast region of the United States. The company distributes its products through reinsurance brokers.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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