Is This Stock a Screaming Buy: Oxbridge Re Holdings Limited (NASDAQ:OXBR)

Equity Research firms currently have a positive stance on shares of Oxbridge Re Holdings Limited (NASDAQ:OXBR). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.00. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $8.50 on a short term basis.

At the time of writing, the stock was trading at $4.60. This represents a change from the opening price of -0.22%. In terms of performance, year to date, the stock is -15.92%. The monthly stock performance comes in at -9.32%. For the quarter, shares are performing at -6.92%. Weekly performance analysis shows the equity at -9.86%.

In taking a look at technical levels, shares are trading -6.49% away from the 50 day simple moving average and -5.56% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -17.42% away from it’s 52- week high and 6.62% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Oxbridge Re Holdings Limited’s RSI stands at 34.64. In looking at volatility levels, the shares saw weekly volatility of 3.63% and 2.46% over the past month.

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