Key Points
- Insider Kevin Withington bought 2,041 Ondo InsurTech shares at GBX 7 each, investing £142.87. This follows purchases of 2,459 shares in October and 2,038 shares in September.
- Ondo shares opened at GBX 7.10, with a market capitalization of approximately £17.5 million; the stock has traded between GBX 2.80 and GBX 34 over the past year.
- The company reported a quarterly loss of GBX 510 per share and a negative net margin of 154.51%. Ondo develops LeakBot technology to help home insurers prevent water-damage claims.
Ondo InsurTech Plc (LON:ONDO - Get Free Report) insider Kevin Withington bought 2,041 shares of the company's stock in a transaction that occurred on Friday, October 30th. The shares were acquired at an average price 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 cost of GBX 6 per share, for a total transaction of £147.54.
- On Tuesday, September 1st, Kevin Withington purchased 2,038 shares of Ondo InsurTech stock. The stock was acquired at an average price of GBX 7 per share, with a total value of £142.66.
Ondo InsurTech Stock Performance
Ondo InsurTech stock opened at GBX 7.10 on Friday. The stock has a 50-day moving average of GBX 6.54 and a two-hundred day moving average of GBX 9.37. Ondo InsurTech Plc has a one year low of GBX 2.80 and a one year high of GBX 34. The stock has a market cap of £17.50 million, a PE ratio of -1.39 and a beta of 0.21.
Ondo InsurTech (LON:ONDO - Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The company reported GBX (510) earnings per share 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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