Coventry Group (ASX:CYG) Trading 3.4% Higher

Shares of Coventry Group Ltd. (ASX:CYG) traded up 3.4% on Wednesday . The company traded as high as A$0.92 ($0.65) and last traded at A$0.91 ($0.65), 23,728 shares were traded during trading. The stock had previously closed at A$0.88 ($0.62).

The business has a 50-day moving average price of A$0.89. The stock has a market capitalization of $81.63 million and a price-to-earnings ratio of -6.50.

About Coventry Group (ASX:CYG)

Coventry Group Ltd primarily distributes industrial products in Australia and New Zealand. It operates through Trade Distribution and Fluids segments. The Trade Distribution segment distributes and markets industrial fasteners, stainless steel fasteners and hardware, construction fasteners, specialized fastener products and systems, and associated industrial tools and consumables.

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