Ondo InsurTech (LON:ONDO) Insider Gregory (“Mark”) Mark Wood Acquires 1,999,049 Shares of Stock

Ondo InsurTech Plc (LON:ONDO) insider Gregory (“Mark”) Mark Wood bought 1,999,049 shares of the stock in a transaction dated Friday, July 10th. The shares were acquired at an average price of GBX 3 per share, with a total value of £59,971.47.

Ondo InsurTech Stock Performance

Shares of LON ONDO traded up GBX 0.35 during midday trading on Friday, reaching GBX 6.15. 7,533,458 shares of the company’s stock were exchanged, compared to its average volume of 1,859,089. Ondo InsurTech Plc has a 52-week low of GBX 2.80 and a 52-week high of GBX 35. The business’s fifty day moving average price is GBX 4.30 and its two-hundred day moving average price is GBX 12.04. The stock has a market capitalization of £9.21 million, a PE ratio of -1.02 and a beta of 0.85.

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.