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

Papyrus Australia Limited (ASX:PPY) insider Al Jawhari acquired 5,000,000 shares of the firm’s stock in a transaction on Tuesday, March 18th. The shares were bought 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 Stock Performance

The company has a market capitalization of $6.22 million, a PE 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.