Greig Paterson Buys 612,278 Shares of Ondo InsurTech (LON:ONDO) Stock

Ondo InsurTech Plc (LON:ONDO) insider Greig Paterson bought 612,278 shares of the business’s stock in a transaction on Friday, July 10th. The stock was bought at an average cost of GBX 3 per share, with a total value of £18,368.34.

Ondo InsurTech Trading Up 3.8%

Shares of ONDO opened at GBX 6.02 on Friday. The firm has a fifty day simple moving average of GBX 4.25 and a two-hundred day simple moving average of GBX 12.09. The firm has a market cap of £9.02 million, a PE ratio of -1.00 and a beta of 0.85. Ondo InsurTech Plc has a 1-year low of GBX 2.80 and a 1-year high of GBX 35.

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.