Ondo InsurTech Plc (LON:ONDO – Get Free Report)’s share price reached a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 17 and last traded at GBX 17.40, with a volume of 1527419 shares traded. The stock had previously closed at GBX 19.50.
Ondo InsurTech Stock Performance
The stock’s 50 day moving average price is GBX 24.03 and its 200 day moving average price is GBX 27.40. The company has a market capitalization of £25.38 million, a P/E ratio of -2.82 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.
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