Ondo InsurTech Plc (LON:ONDO) Insider Sells £42,000 in Stock

Ondo InsurTech Plc (LON:ONDO) insider Andrew John Gowdy Morrison sold 200,000 shares of the stock in a transaction dated Thursday, June 19th. The shares were sold at an average price of GBX 21 ($0.28), for a total value of £42,000 ($56,481.98).

Ondo InsurTech Stock Down 0.5%

Shares of LON ONDO opened at GBX 21.63 ($0.29) on Friday. The company has a market cap of £26.77 million, a price-to-earnings ratio of -7.29 and a beta of 0.85. Ondo InsurTech Plc has a 52 week low of GBX 12.50 ($0.17) and a 52 week high of GBX 44 ($0.59). The firm’s fifty day moving average is GBX 27.36 and its 200 day moving average is GBX 33.25.

About Ondo InsurTech

Ondo InsurTech Plc is a world-leading provider of claims prevention technology for home insurers. Ondo’s focus is on the global scale-up of LeakBot, technology that prevents water damage claims in homes. Water damage is the single biggest cause of home insurance claims, accounting for $17 billion annually in the USA and UK combined.