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Raymond James downgraded Blue Capital Reinsurance Holdings (NYSE:BCRH) from Mkt Perform to Underperform in a report released today.

Raymond James has downgraded Blue Capital Reinsurance Holdings (NYSE:BCRH) from Mkt Perform to Underperform in a report released on 10/13/2017.

Yesterday Blue Capital Reinsurance Holdings (NYSE:BCRH) traded -3.37% lower at $17.80. The company’s 50-day moving average is $17.06 and its 200-day moving average is $18.45. The last stock close price is down -6.80% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time. 21,104 shares of the stock were exchanged, down from an average trading volume of 34,545

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Blue Capital Reinsurance Holdings (NYSE:BCRH)

Blue Capital Reinsurance Holdings has a 52 week low of $13.75 and a 52 week high of $20.83 with a P/E ratio of 9.35 The company’s market cap is currently $0.

About Blue Capital Reinsurance Holdings (NYSE:BCRH)

Blue Capital Reinsurance Holdings Ltd. provides collateralized reinsurance in the property catastrophe market and invests in various insurance-linked securities. The Company conducts its operations through its subsidiaries, including Blue Capital Re Ltd. (Blue Capital Re), which provides collateralized reinsurance, and Blue Capital Re ILS Ltd. (Blue Capital Re ILS), which conducts hedging and other investment activities. Blue Capital Re provides reinsurance to third-party insurance and reinsurance companies through reinsurance contracts, either directly with the cedant or on a fronted basis. Blue Capital Re ILS may purchase catastrophe bonds to access certain risks. Blue Capital Re or Blue Capital Re ILS may buy and sell industry loss warranties as a way to access certain risks. Blue Capital Re ILS' portfolio may include over-the-counter or exchange-traded futures or options listed on catastrophe indexes, such as catastrophe or weather derivatives.

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