Papyrus Australia Limited (ASX:PPY) Insider Al Jawhari Buys 5,000,000 Shares of Stock

Papyrus Australia Limited (ASX:PPY) insider Al Jawhari purchased 5,000,000 shares of the company’s stock in a transaction dated Tuesday, March 18th. The shares were purchased at an average cost of A$0.01 ($0.01) per share, for a total transaction of A$50,000.00 ($31,446.54).

Papyrus Australia Price Performance

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

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.