Papyrus Australia (ASX:PPY) Insider Buys A$90,000.00 in Stock

Papyrus Australia Limited (ASX:PPY) insider Al Jawhari acquired 10,000,000 shares of the company’s stock in a transaction on Thursday, December 18th. The shares were bought at an average price of A$0.01 per share, for a total transaction of A$90,000.00.

Papyrus Australia Stock Performance

The company has a debt-to-equity ratio of 19.51, a quick ratio of 11.87 and a current ratio of 2.73. 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. Papyrus Australia Limited was founded in 1995 and is based in Adelaide, Australia.