Coventry Group Ltd (ASX:CYG) Insider Daniel Palumbo Buys 20,000 Shares of Stock

Coventry Group Ltd (ASX:CYG) insider Daniel Palumbo purchased 20,000 shares of the company’s stock in a transaction that occurred on Friday, December 20th. The shares were bought 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 Price Performance

The company has a current ratio of 1.30, a quick ratio of 0.57 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.