Insider Selling: Ondo InsurTech Plc (LON:ONDO) Insider Sells 105,000 Shares of Stock

Ondo InsurTech Plc (LON:ONDO) insider Craig Foster sold 105,000 shares of the business’s stock in a transaction on Friday, March 7th. The stock was sold at an average price of GBX 36 ($0.46), for a total transaction of £37,800 ($48,667.44).

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

• On Friday, January 31st, Craig Foster bought 378 shares of Ondo InsurTech stock. The stock was purchased at an average price of GBX 40 ($0.51) per share, for a total transaction of £151.20 ($194.67).

Ondo InsurTech Price Performance

ONDO stock remained flat at GBX 36 ($0.46) during mid-day trading on Tuesday. 195,409 shares of the company’s stock were exchanged, compared to its average volume of 592,873. The stock has a 50 day simple moving average of GBX 37.59 and a 200-day simple moving average of GBX 27.79. The company has a market cap of £44.55 million, a price-to-earnings ratio of -12.14 and a beta of 0.85. Ondo InsurTech Plc has a one year low of GBX 12.50 ($0.16) and a one year high of GBX 44 ($0.57).

Ondo InsurTech Company Profile

Ondo InsurTech Plc is on a mission to become the world’s leading provider of claims prevention technology for home insurers. Ondo’s focus is on the global scale-up of LeakBot – an end-to-end internet of things solution which protects homes from the impact of water damage. Water damage is the single biggest cause of home insurance claims, accounting for $17bn of claims every year in the USA and UK combined.