Ondo InsurTech (LON:ONDO) Insider Purchases £147.54 in Stock

Ondo InsurTech Plc (LON:ONDO) insider Craig Foster acquired 2,459 shares of Ondo InsurTech stock in a transaction dated Thursday, October 1st. The stock was acquired at an average cost of GBX 6 per share, with a total value of £147.54.

Craig Foster also recently made the following trade(s):

• On Tuesday, September 1st, Craig Foster bought 2,308 shares of Ondo InsurTech stock. The shares were bought at an average cost of GBX 7 per share, for a total transaction of £161.56.
• On Friday, July 10th, Craig Foster bought 988,639 shares of Ondo InsurTech stock. The shares were bought at an average price of GBX 3 per share, with a total value of £29,659.17.

Ondo InsurTech Price Performance

LON ONDO opened at GBX 6 on Friday. Ondo InsurTech Plc has a 52-week low of GBX 2.80 and a 52-week high of GBX 35. The company’s fifty day moving average is GBX 6.80 and its two-hundred day moving average is GBX 7.26. The firm has a market capitalization of £14.79 million, a price-to-earnings ratio of -1.18 and a beta of 0.21.

Ondo InsurTech (LON:ONDO) last issued its earnings results on Thursday, July 30th. The company reported GBX (510) earnings per share (EPS) for the quarter. Ondo InsurTech had a negative net margin of 154.51% and a positive return on equity of 90.48%.

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.