Ondo InsurTech Plc (LON:ONDO – Get Free Report)’s share price was up 13.8% on Monday . The stock traded as high as GBX 34.70 ($0.45) and last traded at GBX 34.70 ($0.45). Approximately 1,752,032 shares traded hands during trading, an increase of 191% from the average daily volume of 601,084 shares. The stock had previously closed at GBX 30.50 ($0.39).
Ondo InsurTech Trading Up 1.8 %
The stock has a market cap of £39.05 million, a PE ratio of -10.64 and a beta of 0.85. The business has a fifty day simple moving average of GBX 35.89 and a two-hundred day simple moving average of GBX 30.01.
Insider Activity at Ondo InsurTech
In related news, insider Craig Foster sold 105,000 shares of the stock in a transaction dated Friday, March 7th. The shares were sold at an average price of GBX 36 ($0.47), for a total value of £37,800 ($48,868.78). 25.01% of the stock is currently owned by corporate insiders.
Ondo InsurTech Company Profile
Ondo InsurTech Plc is a world-leading provider of claims prevention technology for home insurers. Ondo’s focus is on the global scale-up of LeakBot, technology that prevents water damage claims in homes. Water damage is the single biggest cause of home insurance claims, accounting for $17 billion annually in the USA and UK combined.
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