Ondo InsurTech (LON:ONDO) Insider Kevin Withington Acquires 2,041 Shares of Company Stock

Ondo InsurTech Plc (LON:ONDO – Get Free Report) insider Kevin Withington acquired 2,041 shares of the firm’s stock in a transaction that occurred on Friday, October 30th. The stock was purchased at an average cost of GBX 7 per share, for a total transaction of £142.87.

Kevin Withington also recently made the following trade(s):

  • On Thursday, October 1st, Kevin Withington bought 2,459 shares of Ondo InsurTech stock. The shares were acquired at an average price of GBX 6 per share, with a total value of £147.54.
  • On Tuesday, September 1st, Kevin Withington bought 2,038 shares of Ondo InsurTech stock. The stock was acquired at an average cost of GBX 7 per share, for a total transaction of £142.66.

Ondo InsurTech Stock Performance

Shares of Ondo InsurTech stock traded down GBX 0.14 during trading on Friday, reaching GBX 7.06. 66,374 shares of the company’s stock were exchanged, compared to its average volume of 1,658,703. Ondo InsurTech Plc has a 1-year low of GBX 2.80 and a 1-year high of GBX 34. The company has a market cap of £17.40 million, a P/E ratio of -1.38 and a beta of 0.21. The firm’s 50-day moving average price is GBX 6.55 and its 200 day moving average price is GBX 9.43.

Ondo InsurTech (LON:ONDO – Get Free Report) last released its earnings results on Thursday, July 30th. The company reported GBX (510) earnings per share (EPS) for the quarter. Ondo InsurTech had a negative net margin of 154.51% and a positive return on equity of 90.48%.

About Ondo InsurTech

(Get Free Report)

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.

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