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Ondo InsurTech Plc ( (GB:ONDO) ) has shared an announcement.
Ondo InsurTech Plc announced an update on its shares in issue and total voting rights, following the exercise of warrants resulting in the issuance of 685,000 new ordinary shares. The company’s total issued share capital now comprises 134,849,292 ordinary shares, each carrying one vote, which shareholders can use to assess their interests under the FCA’s Disclosure and Transparency Rules.
Spark’s Take on GB:ONDO Stock
According to Spark, TipRanks’ AI Analyst, GB:ONDO is a Neutral.
Ondo InsurTech Plc’s overall score reflects significant financial challenges, including negative profitability and high leverage. Despite revenue growth and positive corporate events, technical indicators and valuation uncertainty weigh on the stock’s outlook.
To see Spark’s full report on GB:ONDO stock, click here.
More about Ondo InsurTech Plc
Ondo InsurTech Plc is a leading company in claims prevention technology for home insurers.
Average Trading Volume: 650,034
Technical Sentiment Signal: Sell
Current Market Cap: £28.51M
For a thorough assessment of ONDO stock, go to TipRanks’ Stock Analysis page.