Ondo InsurTech (LON:ONDO) Insider James Quin Purchases 260,252 Shares

Ondo InsurTech Plc (LON:ONDO) insider James Quin acquired 260,252 shares of the stock in a transaction on Friday, July 10th. The stock was bought at an average cost of GBX 3 per share, with a total value of £7,807.56.

Ondo InsurTech Price Performance

Shares of ONDO stock opened at GBX 6.02 on Friday. The company has a market capitalization of £9.02 million, a P/E ratio of -1.00 and a beta of 0.85. The company’s 50-day simple moving average is GBX 4.25 and its two-hundred day simple moving average is GBX 12.09. Ondo InsurTech Plc has a one year low of GBX 2.80 and a one year high of GBX 35.

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.