Insider Buying: Ondo InsurTech (LON:ONDO) Insider Purchases £142.87 in Stock

Ondo InsurTech Plc (LON:ONDO) insider Craig Foster purchased 2,041 shares of Ondo InsurTech stock in a transaction dated Friday, October 30th. The shares were bought at an average price of GBX 7 per share, with a total value of £142.87.

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

• On Thursday, October 1st, Craig Foster purchased 2,459 shares of Ondo InsurTech stock. The shares were bought at an average cost of GBX 6 per share, with a total value of £147.54.
• On Tuesday, September 1st, Craig Foster bought 2,308 shares of Ondo InsurTech stock. The stock was bought at an average price of GBX 7 per share, for a total transaction of £161.56.

Ondo InsurTech Stock Performance

Shares of LON:ONDO opened at GBX 7.10 on Monday. Ondo InsurTech Plc has a 1-year low of GBX 2.80 and a 1-year high of GBX 34. The company has a 50 day moving average price of GBX 6.54 and a 200 day moving average price of GBX 9.37. The stock has a market capitalization of £17.50 million, a price-to-earnings ratio of -1.39 and a beta of 0.21.

Ondo InsurTech (LON:ONDO) last announced its earnings results on Thursday, July 30th. The company reported GBX (510) earnings per share (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.