Ondo InsurTech (LON:ONDO) Insider Kevin Withington Purchases 282,468 Shares

Ondo InsurTech Plc (LON:ONDO) insider Kevin Withington bought 282,468 shares of the firm’s stock in a transaction that occurred on Friday, July 10th. The stock was bought at an average price of GBX 3 per share, with a total value of £8,474.04.

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

• On Friday, June 26th, Kevin Withington purchased 2,142 shares of Ondo InsurTech stock. The shares were bought at an average price of GBX 7 per share, for a total transaction of £149.94.
• On Monday, June 1st, Kevin Withington acquired 4,285 shares of Ondo InsurTech stock. The stock was purchased at an average price of GBX 4 per share, with a total value of £171.40.
• On Friday, May 1st, Kevin Withington bought 3,850 shares of Ondo InsurTech stock. The stock was bought at an average price of GBX 4 per share, for a total transaction of £154.

Ondo InsurTech Price Performance

LON ONDO traded up GBX 0.35 on Friday, hitting GBX 6.15. 7,533,458 shares of the company were exchanged, compared to its average volume of 1,859,089. The company’s 50 day moving average price is GBX 4.30 and its 200-day moving average price is GBX 12.04. The firm has a market capitalization of £9.21 million, a P/E ratio of -1.02 and a beta of 0.85. Ondo InsurTech Plc has a twelve month low of GBX 2.80 and a twelve month high of GBX 35.

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. 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.