Key Points
- Insider purchase: Kevin Withington bought 2,038 Ondo InsurTech shares at GBX 7 each, spending £142.66. He has also made two larger purchases since June, including 282,468 shares acquired for £8,474.04 in July.
- Stock performance: Ondo shares opened at GBX 5.97 and were down 0.5%, with a market capitalization of approximately £14.72 million. The stock has traded between GBX 2.80 and GBX 35 over the past year.
- Financial results and business: The company reported quarterly EPS of GBX (510), a negative net margin of 151.44%, and positive return on equity of 97.63%. Ondo develops LeakBot technology to help home insurers prevent water-damage claims.
Ondo InsurTech Plc (LON:ONDO - Get Free Report) insider Kevin Withington purchased 2,038 shares of Ondo InsurTech stock in a transaction that occurred on Tuesday, September 1st. The stock was acquired at an average cost of GBX 7 per share, with a total value of £142.66.
Kevin Withington also recently made the following trade(s):
- On Friday, July 10th, Kevin Withington purchased 282,468 shares of Ondo InsurTech stock. The shares were acquired at an average price of GBX 3 per share, with a total value of £8,474.04.
- On Friday, June 26th, Kevin Withington acquired 2,142 shares of Ondo InsurTech stock. The shares were acquired at an average price of GBX 7 per share, for a total transaction of £149.94.
Ondo InsurTech Trading Down 0.5%
Ondo InsurTech stock opened at GBX 5.97 on Friday. Ondo InsurTech Plc has a 1-year low of GBX 2.80 and a 1-year high of GBX 35. The firm has a market capitalization of £14.72 million, a price-to-earnings ratio of -1.17 and a beta of 0.21. The firm's fifty day moving average price is GBX 7.26 and its two-hundred day moving average price is GBX 8.80.
Ondo InsurTech (LON:ONDO - Get Free Report) last released its quarterly 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 151.44% and a positive return on equity of 97.63%.
Ondo InsurTech Company Profile
(
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.
Further Reading
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