Overall market sentiment has been high on Oxbridge Re Holdings Ltd (OXBR) stock lately. OXBR receives a Bullish rating from InvestorsObserver's Stock Sentiment Indicator.
What is Stock Sentiment?
When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.
InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .
What's Happening With OXBR Stock Today?
Oxbridge Re Holdings Ltd (OXBR) stock is trading at $2.92 as of 2:58 PM on Monday, Sep 28, a rise of $1.85, or 172.9% from the previous closing price of $1.07. Volume today is more active than usual. So far 131,600,185 shares have traded compared to average volume of 120,274 shares. The stock has traded between $1.55 and $9.62 so far today.
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More About Oxbridge Re Holdings Ltd
Oxbridge Re Holdings Ltd is a specialty property and casualty reinsurer. The company provides reinsurance solutions through its subsidiary. It focuses on underwriting fully-collateralized reinsurance contracts primarily for property and casualty insurance companies in the Gulf Coast region of the United States, with an emphasis on Florida. Oxbridge specializes in underwriting medium frequency, high severity risks, where insufficient data exists to analyze effectively the risk/return profile of reinsurance contracts. The company operates as a single business segment through the Subsidiary, which provides collateralized reinsurance to cover the excess of loss catastrophe risks of various affiliated and nonaffiliated ceding insurers.
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