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

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

Papyrus Australia Price Performance

The stock 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 quick ratio of 11.87 and a current ratio of 2.73.

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.