Insider Selling: Ondo InsurTech Plc (LON:ONDO) Insider Sells 49,429 Shares of Stock

Ondo InsurTech Plc (LON:ONDO) insider Kevin Withington sold 49,429 shares of the business’s stock in a transaction on Monday, April 14th. The stock was sold at an average price of GBX 32 ($0.42), for a total transaction of £15,817.28 ($20,933.40).

Ondo InsurTech Stock Performance

LON:ONDO opened at GBX 32.60 ($0.43) on Wednesday. Ondo InsurTech Plc has a 1 year low of GBX 12.50 ($0.17) and a 1 year high of GBX 44 ($0.58). The stock has a market cap of £40.34 million, a P/E ratio of -10.99 and a beta of 0.85. The stock has a 50-day simple moving average of GBX 34.73 and a 200-day simple moving average of GBX 31.40.

Ondo InsurTech Company Profile

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.