Insider Buying: Coventry Group Ltd (ASX:CYG) Insider Purchases 11,000 Shares of Stock

Coventry Group Ltd (ASX:CYG) insider Anthony (Tony) Howarth purchased 11,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 26th. The stock was bought at an average cost of A$1.06 ($0.66) per share, for a total transaction of A$11,660.00 ($7,242.24).

Coventry Group Price Performance

The company has a market cap of $135.99 million, a price-to-earnings ratio of 166.77, a PEG ratio of 9.58 and a beta of 0.65. The company has a debt-to-equity ratio of 94.64, a quick ratio of 0.57 and a current ratio of 1.30.

Coventry Group Company Profile

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.