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

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

Papyrus Australia Stock Performance

The firm has a market cap of $6.22 million, a P/E 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.

About Papyrus Australia

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.