Insider Buying: Coventry Group Ltd (ASX:CYG) Insider Purchases 50,000 Shares of Stock

Coventry Group Ltd (ASX:CYG) insider Alexander (Alex) White purchased 50,000 shares of the stock in a transaction on Monday, May 12th. The stock was acquired at an average cost of A$0.92 ($0.59) per share, with a total value of A$46,000.00 ($29,677.42).

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

• On Tuesday, May 13th, Alexander (Alex) White acquired 295 shares of Coventry Group stock. The stock was bought at an average cost of A$0.90 ($0.58) per share, with a total value of A$264.91 ($170.91).
• On Friday, May 2nd, Alexander (Alex) White bought 39,193 shares of Coventry Group stock. The shares were bought at an average cost of A$0.92 ($0.59) per share, for a total transaction of A$36,057.56 ($23,262.94).
• On Monday, May 5th, Alexander (Alex) White acquired 19,000 shares of Coventry Group stock. The shares were bought at an average price of A$0.93 ($0.60) per share, with a total value of A$17,670.00 ($11,400.00).
• On Wednesday, May 7th, Alexander (Alex) White purchased 100,000 shares of Coventry Group stock. The shares were purchased at an average price of A$0.93 ($0.60) per share, for a total transaction of A$93,000.00 ($60,000.00).
• On Monday, April 28th, Alexander (Alex) White acquired 108,443 shares of Coventry Group stock. The stock was purchased at an average price of A$0.86 ($0.55) per share, with a total value of A$92,718.77 ($59,818.56).
• On Wednesday, April 30th, Alexander (Alex) White purchased 46,741 shares of Coventry Group stock. The shares were acquired at an average cost of A$0.93 ($0.60) per share, with a total value of A$43,328.91 ($27,954.13).
• On Friday, February 28th, Alexander (Alex) White purchased 12,225 shares of Coventry Group stock. The stock was acquired at an average cost of A$1.15 ($0.74) per share, for a total transaction of A$14,046.53 ($9,062.27).
• On Thursday, February 20th, Alexander (Alex) White acquired 1,000 shares of Coventry Group stock. The shares were bought at an average price of A$1.03 ($0.66) per share, with a total value of A$1,030.00 ($664.52).
• On Monday, February 24th, Alexander (Alex) White acquired 59,338 shares of Coventry Group stock. The stock was bought at an average cost of A$1.08 ($0.70) per share, with a total value of A$63,966.36 ($41,268.62).

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. The stock has a market cap 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.

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.