Insider Buying: Ondo InsurTech (LON:ONDO) Insider Purchases £152.25 in Stock

Ondo InsurTech Plc (LON:ONDO) insider Craig Foster purchased 435 shares of the business’s stock in a transaction that occurred on Tuesday, September 30th. The stock was purchased at an average price of GBX 35 per share, for a total transaction of £152.25.

Craig Foster also recently made the following trade(s):

• On Monday, September 1st, Craig Foster acquired 492 shares of Ondo InsurTech stock. The shares were purchased at an average price of GBX 31 per share, with a total value of £152.52.
• On Thursday, July 31st, Craig Foster bought 602 shares of Ondo InsurTech stock. The stock was purchased at an average cost of GBX 25 per share, with a total value of £150.50.

Ondo InsurTech Stock Performance

ONDO opened at GBX 33 on Friday. The firm’s fifty day moving average is GBX 29.84 and its two-hundred day moving average is GBX 28.30. The firm has a market cap of £45.67 million, a PE ratio of -611.11 and a beta of 0.85. Ondo InsurTech Plc has a twelve month low of GBX 13 and a twelve month high of GBX 44.

Ondo InsurTech (LON:ONDO) last posted its earnings results on Wednesday, July 30th. The company reported GBX (5.40) earnings per share (EPS) for the quarter. Ondo InsurTech had a negative net margin of 118.06% and a positive return on equity of 40.48%.

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.