(OXBR) Oxbridge Re Holdings - Ratings and Ratios

Oxbridge Re Holdings Ltd (NASDAQ:OXBR) is a reinsurance company that offers specialized property and casualty reinsurance solutions, primarily to insurance companies in the Gulf Coast region of the United States. Its business model includes underwriting collateralized reinsurance contracts and issuing reinsurance contracts through blockchain-based digital securities, showcasing its innovative approach to traditional reinsurance.

Beyond reinsurance, Oxbridge Re Holdings has diversified its portfolio by offering services related to private aviation, including fractional aircraft ownership, jet card programs, aircraft brokerage, and charter services, utilizing its fleet of private aircraft. The companys products and solutions are distributed through reinsurance brokers, indicating a reliance on established industry networks.

Oxbridge Re Holdings was incorporated in 2013 and is based in George Town, Cayman Islands, a jurisdiction known for its favorable corporate environment. The companys use of blockchain technology for reinsurance contracts highlights its commitment to leveraging technology to enhance its offerings and operational efficiency.

Analyzing the available technical data, OXBRs stock price is currently at $1.74, slightly above its 20-day Simple Moving Average (SMA) of $1.71, but below its 50-day SMA of $1.81 and significantly below its 200-day SMA of $2.91. The Average True Range (ATR) stands at 0.24, representing a volatility of 13.76%. The stock has seen a significant drop from its 52-week high of $5.50 to its current price, indicating a potential oversold condition given its 52-week low is $1.29.

From a fundamental perspective, Oxbridge Re Holdings has a market capitalization of $14.29 million, with no P/E ratio available due to likely negative earnings. The Return on Equity (RoE) is -37.19%, suggesting the company is currently not generating profits for its shareholders.

Forecasting the future performance of OXBR involves analyzing both its technical and fundamental data. Given the current technical indicators, the stock appears to be in a downtrend, with significant resistance potentially at the $1.81 (50-day SMA) and $2.91 (200-day SMA) levels. However, the proximity to its 52-week low might limit further downside, potentially setting up a consolidation phase or a slow accumulation phase if investors view the current price as attractive.

Fundamentally, the lack of a P/E ratio and a negative RoE indicate that Oxbridge Re Holdings is currently not profitable. For the stock to see a sustained increase, the company would need to demonstrate a return to profitability. The innovative use of blockchain and diversification into private aviation services are positive factors, but they need to translate into financial performance.

Based on the available data, a cautious forecast would be that OXBR might continue to consolidate around its current price levels, with potential for a rebound if the company announces positive earnings or if theres a broader market recovery. However, significant upside is contingent on Oxbridge Re Holdings demonstrating improved financial health and profitability.