Ondo InsurTech (LON:ONDO) Insider Buys £149.94 in Stock

Ondo InsurTech Plc (LON:ONDO) insider Kevin Withington acquired 2,142 shares of the firm’s stock in a transaction that occurred on Friday, June 26th. The shares were purchased at an average cost of GBX 7 per share, with a total value of £149.94.

Kevin Withington also recently made the following trade(s):

• On Monday, June 1st, Kevin Withington purchased 4,285 shares of Ondo InsurTech stock. The shares were acquired at an average price of GBX 4 per share, for a total transaction of £171.40.
• On Friday, May 1st, Kevin Withington acquired 3,850 shares of Ondo InsurTech stock. The shares were acquired at an average cost of GBX 4 per share, with a total value of £154.

Ondo InsurTech Trading Down 18.9%

LON ONDO traded down GBX 1.32 on Monday, reaching GBX 5.68. The company’s stock had a trading volume of 8,131,745 shares, compared to its average volume of 1,780,644. The firm has a market cap of £8.51 million, a PE ratio of -0.94 and a beta of 0.85. Ondo InsurTech Plc has a 52 week low of GBX 2.80 and a 52 week high of GBX 35. The business has a 50-day moving average price of GBX 4.48 and a 200 day moving average price of GBX 13.02.

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.