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

Papyrus Australia Limited (ASX:PPY) insider Al Jawhari purchased 5,000,000 shares of Papyrus Australia stock in a transaction dated Tuesday, March 18th. The stock was bought 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 firm has a market cap of $6.22 million, a price-to-earnings ratio of -8.82 and a beta of 1.42. The company has a quick ratio of 11.87, a current ratio of 2.73 and a debt-to-equity ratio of 19.51.

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.