Oxbridge Re Holdings Limited (NASDAQ: OXBR) is 86.58% higher on its value in year-to-date trading and has touched a low of $0.70 and a high of $3.89 in the current 52-week trading range. The OXBR stock was last observed hovering at around $1.15 in the last trading session, with the day’s gains setting it 0.24% off its average median price target of $8.50 for the next 12 months. It is also 83.65% off the consensus price target high of $8.50 offered by 1 analysts, but current levels are 83.65% higher than the price target low of $8.50 for the same period.
Currently trading at $1.39, the stock is 23.86% and 25.60% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.21 million and changing 20.87% at the moment leaves the stock 39.48% off its SMA200. OXBR registered 35.06% gain for a year compared to 6-month gain of 46.01%. The firm has a 50-day simple moving average (SMA 50) of $1.1639 and a 200-day simple moving average (SMA200) of $1.0452.
The stock witnessed a 20.87% loss in the last 1 month and extending the period to 3 months gives it a 64.46%, and is 20.87% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 11.54% over the week and 9.98% over the month.
Oxbridge Re Holdings Limited (OXBR) has around 2 employees, a market worth around $7.98M and $1.10M in sales. Profit margin for the company is -48.20%. Distance from 52-week low is 98.57% and -64.27% from its 52-week high. The company has generated returns on investments over the last 12 months (-3.80%).
Oxbridge Re Holdings Limited (OXBR) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Oxbridge Re Holdings Limited (OXBR) is a “Buy”. 1 analysts offering their recommendations for the stock have an average rating of 1.00, where 0 rate it as a Hold and 0 think it is a “Overweight”. 1 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Oxbridge Re Holdings Limited is expected to release its quarterly report on 08/18/2020 and quarterly earnings per share for the current quarter are estimated at $0.The EPS is expected to grow by 94.70% this year.
Oxbridge Re Holdings Limited (OXBR) Top Institutional Holders
5 institutions hold shares in Oxbridge Re Holdings Limited (OXBR), with 2.64M shares held by insiders accounting for 46.12% while institutional investors hold 1.20% of the company’s shares. The shares outstanding are 5.73M, and float is at 2.69M with Short Float at 0.87%. Institutions hold 0.64% of the Float.
The top institutional shareholder in the company is Jaffetilchin Investment Partners, LLC with over 13404.0 shares valued at $11703.0. The investor’s holdings represent 0.23% of the OXBR Shares outstanding. As of Jun 29, 2020, the second largest holder is Creative Planning with 12260.0 shares valued at $17164.0 to account for 0.21% of the shares outstanding. The other top investors are UBS Group AG which holds 5789.0 shares representing 0.10% and valued at over $5054.0, while Bank of America Corporation holds 0.02% of the shares totaling 1000.0 with a market value of $873.0.
Oxbridge Re Holdings Limited (OXBR) Insider Activity
A total of 2 insider transactions have happened at Oxbridge Re Holdings Limited (OXBR) in the last six months, with sales accounting for 0 and purchases happening 2 times. The most recent transaction is an insider sale by CABILLOT RAYMOND E, the company’s Director. SEC filings show that CABILLOT RAYMOND E sold 61,405 shares of the company’s common stock on Jun 19 at a price of $2.49 per share for a total of $0.15 million. Following the sale, the insider now owns 58248.0 shares.
Oxbridge Re Holdings Limited disclosed in a document filed with the SEC on Jun 09 that Madhu Sanjay (CEO, President) bought a total of 1,660 shares of the company’s common stock. The trade occurred on Jun 09 and was made at $1.05 per share for $1743.0. Following the transaction, the insider now directly holds 0.13 million shares of the OXBR stock.
Still, SEC filings show that on Jun 08, Madhu Sanjay (CEO, President) acquired 8,340 shares at an average price of $1.05 for $8757.0. The insider now directly holds 123,571 shares of Oxbridge Re Holdings Limited (OXBR).
Oxbridge Re Holdings Limited (OXBR): Who are the competitors?
RenaissanceRe Holdings Ltd. (RNR) is -0.80% down on the 1-year trading charts. Short interest in the company’s stock has risen 81.59% from the last report on Jun 14, 2020 to stand at a total of 4320.0 short shares sold with a short interest ratio of 0.02.