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

Ondo InsurTech Plc (LON:ONDO) insider Craig Foster sold 947,517 shares of Ondo InsurTech stock in a transaction dated Tuesday, June 23rd. The shares were sold at an average price of GBX 4, for a total value 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 bought at an average price of GBX 4 per share, for a total transaction of £171.40.
• On Friday, May 1st, Craig Foster bought 3,850 shares of Ondo InsurTech stock. The stock was bought at an average cost of GBX 4 per share, for a total transaction of £154.

Ondo InsurTech Price Performance

ONDO stock remained flat at GBX 6.50 during midday trading on Thursday. 27,547,055 shares of the company’s stock were exchanged, compared to its average volume of 1,627,006. The company’s 50-day moving average is GBX 4.81 and its 200-day moving average is GBX 13.25. The company has a market cap of £9.74 million, a P/E ratio of -1.08 and a beta of 0.85. Ondo InsurTech Plc has a fifty-two week low of GBX 2.80 and a fifty-two week 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.