Insider Buying: Orora (ASX:ORA) Insider Purchases 20,000 Shares of Stock

Orora Limited (ASX:ORA) insider Alan Sindel purchased 20,000 shares of the firm’s stock in a transaction dated Thursday, October 2nd. The stock was purchased at an average cost of A$2.05 per share, for a total transaction of A$41,000.00.

Orora Stock Performance

The company has a quick ratio of 0.55, a current ratio of 1.59 and a debt-to-equity ratio of 115.59. The company has a market cap of $2.99 billion, a PE ratio of 16.13, a price-to-earnings-growth ratio of 3.11 and a beta of 0.54.

Orora Announces Dividend

The business also recently disclosed a Final dividend, which was paid on Monday, October 6th. Investors of record on Monday, October 6th were given a $0.05 dividend. This represents a dividend yield of 216.0%. The ex-dividend date was Thursday, August 28th. Orora’s dividend payout ratio is 66.67%.

Orora Company Profile

Orora Limited designs, manufactures, and supplies packaging products and services to the grocery, fast moving consumer goods, and industrial markets in Australia, New Zealand, the United States, and internationally. The company operates through Orora Australasia and Orora North America segments. It also provides glass bottles, aluminum cans, tabs, and ends, closures and caps, boxes and cartons, point-of-purchase displays, packaging equipment, rigid and flexible packaging, and general packaging materials and supplies.