Key Points
- Insider buying: Craig Foster purchased 2,459 Ondo InsurTech shares at GBX 6 each, worth £147.54. He has also made two earlier purchases, including 988,639 shares in July.
- Share performance: ONDO opened at GBX 6.20, with a market capitalization of approximately £15.28 million. The stock has traded between GBX 2.80 and GBX 35 over the past year.
- Financial results and business: Ondo reported quarterly EPS of GBX (510), a negative net margin of 154.51%, and positive return on equity of 90.48%. Its core product, LeakBot, aims to prevent household water-damage insurance claims.
Ondo InsurTech Plc (LON:ONDO - Get Free Report) insider Craig Foster bought 2,459 shares of the business's stock in a transaction on Thursday, October 1st. The shares were acquired at an average price of GBX 6 per share, with a total value of £147.54.
Craig Foster also recently made the following trade(s):
- On Tuesday, September 1st, Craig Foster purchased 2,308 shares of Ondo InsurTech stock. The stock was acquired at an average cost of GBX 7 per share, for a total transaction of £161.56.
- On Friday, July 10th, Craig Foster purchased 988,639 shares of Ondo InsurTech stock. The stock was acquired at an average price of GBX 3 per share, for a total transaction of £29,659.17.
Ondo InsurTech Price Performance
Shares of ONDO opened at GBX 6.20 on Friday. The firm has a 50 day simple moving average of GBX 6.81 and a 200-day simple moving average of GBX 7.27. Ondo InsurTech Plc has a 1-year low of GBX 2.80 and a 1-year high of GBX 35. The stock has a market cap of £15.28 million, a price-to-earnings ratio of -1.22 and a beta of 0.21.
Ondo InsurTech (LON:ONDO - Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The company reported GBX (510) earnings per share (EPS) for the quarter. Ondo InsurTech had a positive return on equity of 90.48% and a negative net margin of 154.51%.
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.
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