Coventry Group (ASX:CYG) Insider Acquires A$10,262.66 in Stock

Coventry Group Ltd (ASX:CYG) insider Daniel Palumbo purchased 17,543 shares of the stock in a transaction that occurred on Tuesday, November 18th. The shares were purchased at an average cost of A$0.59 per share, for a total transaction of A$10,262.66.

Daniel Palumbo also recently made the following trade(s):

• On Thursday, November 13th, Daniel Palumbo acquired 16,666 shares of Coventry Group stock. The shares were bought at an average price of A$0.60 per share, with a total value of A$9,999.60.

Coventry Group Price Performance

The company has a debt-to-equity ratio of 94.64, a current ratio of 1.30 and a quick ratio of 0.57. The company has a market capitalization of $135.99 million, a PE ratio of 166.77, a P/E/G ratio of 9.58 and a beta of 0.65.

About Coventry Group

Coventry Group Ltd primarily engages in the distribution of industrial products in Australia and New Zealand. The company operates through Trade Distribution and Fluids Systems segments. The Trade Distribution segment imports, distributes, and markets industrial, stainless steel, and construction fasteners; and specialized fastener products and systems, as well as industrial hardware, and associated industrial tools and consumables.