Craig Foster Purchases 4,285 Shares of Ondo InsurTech (LON:ONDO) Stock

Ondo InsurTech Plc (LON:ONDO) insider Craig Foster acquired 4,285 shares of Ondo InsurTech stock in a transaction that occurred on Monday, June 1st. The shares were purchased 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 acquired 3,850 shares of Ondo InsurTech stock. The shares were purchased at an average cost of GBX 4 per share, with a total value of £154.

Ondo InsurTech Stock Down 2.3%

LON:ONDO traded down GBX 0.08 during mid-day trading on Tuesday, hitting GBX 3.42. 347,967 shares of the stock traded hands, compared to its average volume of 1,176,765. The business’s 50-day moving average price is GBX 8.57 and its 200 day moving average price is GBX 16.50. The company has a market cap of £5.13 million, a PE ratio of -0.57 and a beta of 0.85. Ondo InsurTech Plc has a 12-month low of GBX 2.80 and a 12-month 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.