Craig Foster Sells 947,517 Shares of Ondo InsurTech (LON:ONDO) Stock

Ondo InsurTech Plc (LON:ONDO) insider Craig Foster sold 947,517 shares of the business’s stock in a transaction that occurred on Tuesday, June 23rd. The shares were sold at an average price of GBX 4, for a total transaction of £37,900.68.

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

• On Monday, June 1st, Craig Foster acquired 4,285 shares of Ondo InsurTech stock. The stock was acquired at an average cost of GBX 4 per share, with a total value of £171.40.
• On Friday, May 1st, Craig Foster bought 3,850 shares of Ondo InsurTech stock. The shares were acquired at an average cost of GBX 4 per share, for a total transaction of £154.

Ondo InsurTech Stock Performance

Shares of LON:ONDO remained flat at GBX 6.50 during trading on Thursday. The company’s stock had a trading volume of 27,547,055 shares, compared to its average volume of 1,627,006. Ondo InsurTech Plc has a 12-month low of GBX 2.80 and a 12-month high of GBX 35. The firm’s 50-day moving average is GBX 4.81 and its 200 day moving average is GBX 13.25. The firm has a market cap of £9.74 million, a P/E ratio of -1.08 and a beta of 0.85.

Ondo InsurTech Company Profile

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.