Ondo InsurTech Plc (LON:ONDO – Get Free Report) hit a new 52-week low during trading on Monday . The company traded as low as GBX 19.13 and last traded at GBX 19.50, with a volume of 543489 shares trading hands. The stock had previously closed at GBX 19.70.
Ondo InsurTech Trading Down 1.0%
The stock has a market cap of £29.15 million, a P/E ratio of -3.23 and a beta of 0.85. The company’s fifty day simple moving average is GBX 25.80 and its 200-day simple moving average is GBX 27.60.
Ondo InsurTech Company Profile
Ondo is a world leading provider of claims prevention technology for home insurers. Ondo’s focus is on the global scale-up of LeakBot – claims prevention technology that prevents water damage claims in houses. Water damage is the single biggest cause of home insurance claims, accounting for $17bn of claims every year in the USA and UK combined. LeakBot is a patented self-install solution that connects to the home wireless network and, if it detects a leak, notifies the customer via the LeakBot mobile app and provides access to a team of expert LeakBot engineers to ‘find and fix’ the problem.
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