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

Ondo InsurTech Plc (LON:ONDO) insider Craig Foster bought 2,142 shares of the company’s stock in a transaction that occurred on Friday, June 26th. The stock was bought at an average price of GBX 7 per share, with a total value of £149.94.

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

• On Tuesday, June 23rd, Craig Foster sold 947,517 shares of Ondo InsurTech stock. The stock was sold at an average price of GBX 4, for a total value of £37,900.68.
• On Monday, June 1st, Craig Foster acquired 4,285 shares of Ondo InsurTech stock. The stock was purchased at an average cost of GBX 4 per share, with a total value of £171.40.
• On Friday, May 1st, Craig Foster acquired 3,850 shares of Ondo InsurTech stock. The stock was purchased at an average price of GBX 4 per share, for a total transaction of £154.

Ondo InsurTech Stock Down 18.9%

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

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.