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Coventry Group Limited ( (AU:CYG) ) has issued an update.
Coventry Group Limited has announced a change in the director’s interest, with Director Nik Alpert acquiring 33,000 ordinary fully paid shares through an on-market trade at $0.6 per share. This acquisition indicates a potential increase in confidence from the director in the company’s future prospects, which may positively influence stakeholder perception and market positioning.
The most recent analyst rating on (AU:CYG) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Coventry Group Limited stock, see the AU:CYG Stock Forecast page.
More about Coventry Group Limited
Coventry Group Limited operates in the industrial sector, focusing on the distribution of industrial products and services. The company specializes in providing a range of solutions to various markets, including construction, mining, and manufacturing.
Average Trading Volume: 51,030
Technical Sentiment Signal: Sell
Current Market Cap: A$79.96M
See more data about CYG stock on TipRanks’ Stock Analysis page.