Ondo InsurTech (LON:ONDO) Insider Greig Paterson Sells 692,278 Shares

Ondo InsurTech Plc (LON:ONDO) insider Greig Paterson sold 692,278 shares of the business’s stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of GBX 6, for a total value of £41,536.68.

Greig Paterson also recently made the following trade(s):

• On Friday, July 10th, Greig Paterson acquired 612,278 shares of Ondo InsurTech stock. The shares were bought at an average price of GBX 3 per share, with a total value of £18,368.34.

Ondo InsurTech Trading Down 0.5%

ONDO traded down GBX 0.03 during trading on Friday, reaching GBX 5.97. 533,316 shares of the company were exchanged, compared to its average volume of 1,816,137. Ondo InsurTech Plc has a 52 week low of GBX 2.80 and a 52 week high of GBX 35. The firm has a 50 day moving average of GBX 7.28 and a 200 day moving average of GBX 8.82. The stock has a market cap of £14.72 million, a P/E ratio of -1.17 and a beta of 0.21.

Ondo InsurTech (LON:ONDO) last posted 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 151.44% and a positive return on equity of 97.63%.

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.