Ondo InsurTech (LON:ONDO) Insider Buys £154 in Stock

Ondo InsurTech Plc (LON:ONDO) insider Kevin Withington acquired 3,850 shares of the stock in a transaction on Friday, May 1st. The shares were acquired at an average price of GBX 4 per share, with a total value of £154.

Ondo InsurTech Stock Up 3.9%

LON:ONDO opened at GBX 4 on Wednesday. The business’s 50 day moving average is GBX 13.32 and its two-hundred day moving average is GBX 19.98. Ondo InsurTech Plc has a 52 week low of GBX 3.50 and a 52 week high of GBX 35. The company has a market cap of £5.99 million, a PE ratio of -0.66 and a beta of 0.85.

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.