Oxbridge Re Holdings Ltd (OXBR) Stock Sees a-5.90 Decrease

The stock of Oxbridge Re Holdings Ltd (OXBR) has seen a 1.59% increase in the past week, with a 15.91% gain in the past month, and a -11.61% decrease in the past quarter. The volatility ratio for the week is 16.37%, and the volatility levels for the past 30 days are at 10.01% for OXBR. The simple moving average for the past 20 days is -4.39% for OXBR’s stock, with a 40.91% simple moving average for the past 200 days.

Is It Worth Investing in Oxbridge Re Holdings Ltd (NASDAQ: OXBR) Right Now?

Additionally, the 36-month beta value for OXBR is 0.96. 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.”

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The public float for OXBR is 4.98M and currently, short sellers hold a 0.82% ratio of that float. The average trading volume of OXBR on October 18, 2024 was 27.60K shares.

OXBR) stock’s latest price update

Oxbridge Re Holdings Ltd (NASDAQ: OXBR)’s stock price has dropped by -5.90 in relation to previous closing price of 2.71. Nevertheless, the company has seen a gain of 1.59% in its stock price over the last five trading days. globenewswire.com reported 2024-08-08 that GRAND CAYMAN, Cayman Islands, Aug. 08, 2024 (GLOBE NEWSWIRE) — Oxbridge Re Holdings Limited (NASDAQ: OXBR ), (the “Company”), together with its subsidiaries which is engaged in the business of tokenized Real-World Assets (“RWAs”) initially in the form of tokenized reinsurance securities, and reinsurance solutions to property and casualty insurers in the Gulf Coast region of the United States, reported its results for the three and six months ended June 30, 2024.

OXBR Trading at 5.17% 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 -31.45% of loss for the given period.

Volatility was left at 10.01%, however, over the last 30 days, the volatility rate increased by 16.37%, as shares surge +8.51% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.59% lower at present.

During the last 5 trading sessions, OXBR rose by +1.59%, which changed the moving average for the period of 200-days by +131.82% in comparison to the 20-day moving average, which settled at $2.67. In addition, Oxbridge Re Holdings Ltd saw 131.82% 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 MARTIN ALLAN S., who sale 11,690 shares at the price of $3.08 back on Aug 07 ’24. After this action, MARTIN ALLAN S. now owns 269,631 shares of Oxbridge Re Holdings Ltd, valued at $36,005 using the latest closing price.

MARTIN ALLAN S., the 10% Owner of Oxbridge Re Holdings Ltd, sale 8,821 shares at $3.09 during a trade that took place back on Aug 07 ’24, which means that MARTIN ALLAN S. is holding 68,770 shares at $27,220 based on the most recent closing price.

Stock Fundamentals for OXBR

Current profitability levels for the company are sitting at:

  • 1.05 for the present operating margin
  • 2.53 for the gross margin

The net margin for Oxbridge Re Holdings Ltd stands at 1.37. The total capital return value is set at -1.35. Equity return is now at value -123.51, with -88.18 for asset returns.

Based on Oxbridge Re Holdings Ltd (OXBR), the company’s capital structure generated 0.04 points at debt to capital in total, while cash flow to debt ratio is standing at -8.18.

Currently, EBITDA for the company is -9.91 million with net debt to EBITDA at 0.45. When we switch over and look at the enterprise to sales, we see a ratio of -1.39. The receivables turnover for the company is -3.84for trailing twelve months and the total asset turnover is -1.07. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.77.

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’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

Most Popular

Related Posts