Insider Buying: Coventry Group Ltd (ASX:CYG) Insider Acquires 20,000 Shares of Stock

Coventry Group Ltd (ASX:CYG) insider Daniel Palumbo purchased 20,000 shares of Coventry Group stock in a transaction dated Friday, December 20th. The shares were acquired at an average cost of A$1.20 ($0.75) per share, with a total value of A$24,000.00 ($14,906.83).

Coventry Group Stock Performance

The company has a quick ratio of 0.57, a current ratio of 1.30 and a debt-to-equity ratio of 94.64.

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.