Oxbridge Re Holdings Ltd (NASDAQ: OXBR)’s stock price has increased by 21.26 compared to its previous closing price of 1.27. However, the company has seen a 40.19% increase in its stock price over the last five trading sessions. Newsfile Corp reported 2024-04-08 that Presentation on Tuesday, April 9 at 12:00 PM ET Grand Cayman, Cayman Islands–(Newsfile Corp. – April 8, 2024) – Oxbridge Re Holdings Ltd (NASDAQ: OXBR), (the “Company” and its subsidiaries which are engaged in the business of tokenized Real-World Assets (“RWAs”), initially in the form of Tokenized Reinsurance Securities, announced today that it will be presenting at The 14th Annual LD Micro Invitational at the Sofitel New York on April 8th-9th, 2024. The event is expected to feature 80 companies presenting in half-hour increments, as well as private 1:1 meetings.
Is It Worth Investing in Oxbridge Re Holdings Ltd (NASDAQ: OXBR) Right Now?
Additionally, the 36-month beta value for OXBR is 0.77. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for OXBR is 4.70M and currently, short sellers hold a 0.12% ratio of that float. The average trading volume of OXBR on May 09, 2024 was 13.61K shares.
OXBR’s Market Performance
OXBR stock saw an increase of 40.19% in the past week, with a monthly gain of 46.67% and a quarterly increase of 54.00%. The volatility ratio for the week is 12.35%, and the volatility levels for the last 30 days are 7.58% for Oxbridge Re Holdings Ltd (OXBR). The simple moving average for the last 20 days is 42.64% for OXBR stock, with a simple moving average of 30.99% for the last 200 days.
OXBR Trading at 46.37% from the 50-Day Moving Average
After a stumble in the market that brought OXBR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -24.14% of loss for the given period.
Volatility was left at 7.58%, however, over the last 30 days, the volatility rate increased by 12.35%, as shares surge +49.51% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +58.62% upper at present.
During the last 5 trading sessions, OXBR rose by +40.19%, which changed the moving average for the period of 200-days by -15.38% in comparison to the 20-day moving average, which settled at $1.1051. In addition, Oxbridge Re Holdings Ltd saw 40.00% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at OXBR starting from Madhu Sanjay, who purchase 50,000 shares at the price of $1.20 back on Sep 29 ’23. After this action, Madhu Sanjay now owns 130,000 shares of Oxbridge Re Holdings Ltd, valued at $59,860 using the latest closing price.
MARTIN ALLAN S., the 10% Owner of Oxbridge Re Holdings Ltd, purchase 100,000 shares at $1.10 during a trade that took place back on Sep 20 ’23, which means that MARTIN ALLAN S. is holding 100,070 shares at $110,060 based on the most recent closing price.
Stock Fundamentals for OXBR
Current profitability levels for the company are sitting at:
- 1.02 for the present operating margin
- 1.91 for the gross margin
The net margin for Oxbridge Re Holdings Ltd stands at 1.36. The total capital return value is set at -0.91. Equity return is now at value -97.58, with -79.74 for asset returns.
Based on Oxbridge Re Holdings Ltd (OXBR), the company’s capital structure generated 0.02 points at debt to capital in total, while cash flow to debt ratio is standing at -10.68.
Currently, EBITDA for the company is -9.91 million with net debt to EBITDA at 0.51. When we switch over and look at the enterprise to sales, we see a ratio of -0.8. The receivables turnover for the company is -6.78for trailing twelve months and the total asset turnover is -0.85. The liquidity ratio also appears to be rather interesting for investors as it stands at 203.35.
Conclusion
In conclusion, Oxbridge Re Holdings Ltd (OXBR) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
