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

Papyrus Australia Limited (ASX:PPY) insider Al Jawhari purchased 5,000,000 shares of the firm’s stock in a transaction on Tuesday, March 18th. The stock was bought 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 company has a current ratio of 2.73, a quick ratio of 11.87 and a debt-to-equity ratio of 19.51. The firm 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.