Ondo InsurTech (LON:ONDO) Insider Acquires £18,368.34 in Stock

Ondo InsurTech Plc (LON:ONDO) insider Greig Paterson acquired 612,278 shares of the company’s stock in a transaction that occurred on Friday, July 10th. The shares were acquired at an average cost of GBX 3 per share, for a total transaction of £18,368.34.

Ondo InsurTech Stock Performance

LON ONDO opened at GBX 6.02 on Friday. Ondo InsurTech Plc has a one year low of GBX 2.80 and a one year high of GBX 35. The stock has a 50-day moving average of GBX 4.25 and a 200 day moving average of GBX 12.09. The company has a market capitalization of £9.02 million, a price-to-earnings ratio of -1.00 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.