Insider Buying: Ondo InsurTech (LON:ONDO) Insider Acquires 2,459 Shares of Company Stock

by · The Markets Daily

Ondo InsurTech Plc (LON:ONDO – Get Free Report) insider Craig Foster bought 2,459 shares of the stock in a transaction that occurred on Thursday, October 1st. The stock was bought at an average price 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 purchased 2,308 shares of Ondo InsurTech stock. The shares were bought at an average price of GBX 7 per share, for a total transaction of £161.56.
  • On Friday, July 10th, Craig Foster acquired 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 Stock Performance

ONDO stock remained flat at GBX 6.20 during midday trading on Thursday. The company had a trading volume of 739,802 shares, compared to its average volume of 1,776,839. The firm has a market cap of £15.28 million, a PE ratio of -1.22 and a beta of 0.21. The firm has a 50-day simple moving average of GBX 6.83 and a two-hundred day simple moving average of GBX 7.34. Ondo InsurTech Plc has a one year low of GBX 2.80 and a one year high of GBX 35.

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

Ondo InsurTech Company Profile

(Get Free Report)

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.

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