Ondo InsurTech (LON:ONDO) Insider Acquires £171.40 in Stock

Ondo InsurTech Plc (LON:ONDO) insider Craig Foster purchased 4,285 shares of the stock in a transaction dated Monday, June 1st. The stock was bought at an average cost of GBX 4 per share, with a total value of £171.40.

Craig Foster also recently made the following trade(s):

• On Friday, May 1st, Craig Foster bought 3,850 shares of Ondo InsurTech stock. The shares were acquired at an average price of GBX 4 per share, with a total value of £154.

Ondo InsurTech Trading Down 2.3%

LON ONDO traded down GBX 0.08 during trading hours on Tuesday, hitting GBX 3.42. 347,967 shares of the company’s stock traded hands, compared to its average volume of 1,176,765. The business’s fifty day moving average price is GBX 8.57 and its two-hundred day moving average price is GBX 16.50. Ondo InsurTech Plc has a 52 week low of GBX 2.80 and a 52 week high of GBX 35. The firm has a market capitalization of £5.13 million, a P/E ratio of -0.57 and a beta of 0.85.

About Ondo InsurTech

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.