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

Ondo InsurTech Plc (LON:ONDO) insider Kevin Withington bought 2,459 shares of the firm’s stock in a transaction that occurred on Thursday, October 1st. The stock was purchased at an average price of GBX 6 per share, for a total transaction of £147.54.

Kevin Withington also recently made the following trade(s):

• On Tuesday, September 1st, Kevin Withington acquired 2,038 shares of Ondo InsurTech stock. The shares were purchased at an average cost of GBX 7 per share, for a total transaction of £142.66.
• On Friday, July 10th, Kevin Withington bought 282,468 shares of Ondo InsurTech stock. The shares were purchased at an average price of GBX 3 per share, with a total value of £8,474.04.

Ondo InsurTech Stock Performance

Ondo InsurTech stock remained flat at GBX 6.20 during mid-day trading on Thursday. 739,802 shares of the company were exchanged, compared to its average volume of 1,776,839. Ondo InsurTech Plc has a 52 week low of GBX 2.80 and a 52 week high of GBX 35. The firm’s 50-day moving average price is GBX 6.83 and its 200 day moving average price is GBX 7.34. The stock has a market capitalization of £15.28 million, a P/E ratio of -1.22 and a beta of 0.21.

Ondo InsurTech (LON:ONDO) last issued its quarterly earnings data 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%.

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.