Ondo InsurTech (LON:ONDO) Insider Purchases £142.66 in Stock

Ondo InsurTech Plc (LON:ONDO) insider Kevin Withington acquired 2,038 shares of the firm’s stock in a transaction dated Tuesday, September 1st. The shares were acquired at an average price of GBX 7 per share, with a total value of £142.66.

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

• On Friday, July 10th, Kevin Withington acquired 282,468 shares of Ondo InsurTech stock. The stock was acquired at an average cost of GBX 3 per share, with a total value of £8,474.04.
• On Friday, June 26th, Kevin Withington bought 2,142 shares of Ondo InsurTech stock. The shares were acquired at an average price of GBX 7 per share, for a total transaction of £149.94.

Ondo InsurTech Price Performance

Shares of LON:ONDO opened at GBX 5.97 on Monday. The business’s 50-day moving average is GBX 7.26 and its 200 day moving average is GBX 8.74. Ondo InsurTech Plc has a 1 year low of GBX 2.80 and a 1 year high of GBX 35. The firm has a market capitalization of £14.72 million, a P/E ratio of -1.17 and a beta of 0.21.

Ondo InsurTech (LON:ONDO) last issued its quarterly earnings results on Thursday, July 30th. The company reported GBX (510) earnings per share for the quarter. Ondo InsurTech had a positive return on equity of 97.63% and a negative net margin of 151.44%.

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.