Insider Buying: Coventry Group Ltd (ASX:CYG) Insider Purchases 19,000 Shares of Stock

Coventry Group Ltd (ASX:CYG) insider Alexander (Alex) White acquired 19,000 shares of the firm’s stock in a transaction that occurred on Monday, May 5th. The stock was bought at an average price of A$0.93 ($0.60) per share, with a total value of A$17,670.00 ($11,326.92).

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

• On Friday, May 2nd, Alexander (Alex) White purchased 39,193 shares of Coventry Group stock. The shares were purchased at an average cost of A$0.92 ($0.59) per share, for a total transaction of A$36,057.56 ($23,113.82).
• On Wednesday, May 7th, Alexander (Alex) White purchased 100,000 shares of Coventry Group stock. The shares were purchased at an average cost of A$0.93 ($0.60) per share, for a total transaction of A$93,000.00 ($59,615.38).
• On Monday, April 28th, Alexander (Alex) White purchased 108,443 shares of Coventry Group stock. The shares were purchased at an average cost of A$0.86 ($0.55) per share, for a total transaction of A$92,718.77 ($59,435.11).
• On Wednesday, April 30th, Alexander (Alex) White purchased 46,741 shares of Coventry Group stock. The shares were purchased at an average cost of A$0.93 ($0.59) per share, for a total transaction of A$43,328.91 ($27,774.94).
• On Friday, February 28th, Alexander (Alex) White purchased 12,225 shares of Coventry Group stock. The shares were purchased at an average cost 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 purchased 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 shares were purchased at an average cost of A$1.08 ($0.69) per share, for a total transaction of A$63,966.36 ($41,004.08).

Coventry Group Stock Performance

The company has a debt-to-equity ratio of 94.64, a quick ratio of 0.57 and a current ratio of 1.30. The stock has a market cap of $135.99 million, a P/E ratio of 166.77, a price-to-earnings-growth 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.