Insider Buying: Papyrus Australia Limited (ASX:PPY) Insider Purchases 815,374 Shares of Stock

Papyrus Australia Limited (ASX:PPY) insider Al Jawhari acquired 815,374 shares of Papyrus Australia stock in a transaction dated Friday, November 8th. The stock was purchased at an average cost of A$0.01 ($0.01) per share, for a total transaction of A$11,415.24 ($7,510.02).

Papyrus Australia Price Performance

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.