TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
The latest update is out from Ondo InsurTech Plc ( (GB:ONDO) ).
Ondo InsurTech plc has announced an update regarding its Placing and Subscription, successfully raising £2.30 million through the issuance of Placing and Subscription Shares. The increased interest from institutional investors and company directors highlights confidence in Ondo’s market position and growth potential. The funds raised are expected to bolster the company’s operations and strategic initiatives, with the Placing Shares and Subscription Shares set to commence trading on the London Stock Exchange on 10 December 2025.
The most recent analyst rating on (GB:ONDO) stock is a Hold with a £31.00 price target. To see the full list of analyst forecasts on Ondo InsurTech Plc stock, see the GB:ONDO Stock Forecast page.
Spark’s Take on GB:ONDO Stock
According to Spark, TipRanks’ AI Analyst, GB:ONDO is a Neutral.
Ondo InsurTech Plc’s overall stock score is primarily impacted by its financial performance, which is a major concern due to negative profitability and high leverage. Technical analysis provides a neutral outlook, while valuation metrics highlight ongoing financial challenges.
To see Spark’s full report on GB:ONDO stock, click here.
More about Ondo InsurTech Plc
Ondo InsurTech plc is a prominent player in the claims prevention technology sector, primarily serving home insurers. The company focuses on innovative solutions to mitigate risks and reduce claims, enhancing operational efficiency for insurance providers.
Average Trading Volume: 728,444
Technical Sentiment Signal: Hold
Current Market Cap: £32.68M
See more data about ONDO stock on TipRanks’ Stock Analysis page.