Insider Buying: Coventry Group Ltd (ASX:CYG) Insider Purchases A$92,718.77 in Stock

Coventry Group Ltd (ASX:CYG) insider Alexander (Alex) White acquired 108,443 shares of Coventry Group stock in a transaction dated Monday, April 28th. The stock was acquired at an average cost of A$0.86 ($0.55) per share, with a total value of A$92,718.77 ($59,435.11).

Alexander (Alex) White also recently made the following trade(s):

• On Wednesday, April 30th, Alexander (Alex) White purchased 46,741 shares of Coventry Group stock. The stock was bought at an average cost of A$0.93 ($0.59) per share, with a total value of A$43,328.91 ($27,774.94).
• On Friday, February 28th, Alexander (Alex) White acquired 12,225 shares of Coventry Group stock. The shares were bought at an average price of A$1.15 ($0.74) per share, for a total transaction of A$14,046.53 ($9,004.18).
• On Thursday, February 20th, Alexander (Alex) White bought 1,000 shares of Coventry Group stock. The shares were purchased at an average cost of A$1.03 ($0.66) per share, for a total transaction of A$1,030.00 ($660.26).
• On Monday, February 24th, Alexander (Alex) White purchased 59,338 shares of Coventry Group stock. The stock was purchased at an average cost of A$1.08 ($0.69) per share, with a total value of A$63,966.36 ($41,004.08).

Coventry Group Stock Performance

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

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.