Ondo InsurTech Plc (LON:ONDO – Get Free Report) shares rose 17.7% on Monday . The company traded as high as GBX 3.68 and last traded at GBX 3.50. Approximately 4,778,330 shares traded hands during trading, an increase of 326% from the average session volume of 1,122,615 shares. The stock had previously closed at GBX 2.97.
Ondo InsurTech Trading Up 60.5%
The firm has a market capitalization of £9.74 million, a price-to-earnings ratio of -1.08 and a beta of 0.85. The company has a fifty day moving average price of GBX 4.97 and a 200-day moving average price of GBX 13.37.
Ondo InsurTech Company Profile
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.
Read More
- Five stocks we like better than Ondo InsurTech
- Why KB Home Could Reward Patient Investors Later
- Meta’s Internal Turmoil: Morale Nears 20-Year Low at the Wrong Time
- Tesla’s New NHTSA Probe Lands at the Worst Possible Time
- Nano Nuclear’s AI Data Center Deal Puts the Stock Back in Focus
Receive News & Ratings for Ondo InsurTech Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ondo InsurTech and related companies with MarketBeat.com's FREE daily email newsletter.
