Papyrus Australia Limited (ASX:PPY) Insider Acquires A$50,000.00 in Stock

Papyrus Australia Limited (ASX:PPY) insider Al Jawhari bought 5,000,000 shares of the stock in a transaction that occurred on Tuesday, March 18th. The shares were purchased at an average price of A$0.01 ($0.01) per share, with a total value of A$50,000.00 ($31,446.54).

Papyrus Australia Stock Performance

The company has a current ratio of 2.73, a quick ratio of 11.87 and a debt-to-equity ratio of 19.51. The stock has a market capitalization of $6.22 million, a PE ratio of -8.82 and a beta of 1.42.

Papyrus Australia Company Profile

Papyrus Australia Limited develops a technology that converts banana plantation waste into fibre and biodegradable food packaging products. Its food packaging products including trays, plates, cup holders, egg cartons and clam shells. The company serves paper, packaging, furniture, building, construction, agriculture, and other industries.