Orora Ltd (ASX:ORA) insider Christopher Roberts sold 71,789 shares of the firm’s stock in a transaction that occurred on Friday, March 8th. The shares were sold at an average price of A$3.21 ($2.28), for a total value of A$230,442.69 ($163,434.53).
ORA traded down A$0.03 ($0.02) during trading on Friday, hitting A$3.04 ($2.16). 4,279,093 shares of the company’s stock traded hands, compared to its average volume of 3,060,000. The company has a market cap of $3.65 billion and a price-to-earnings ratio of 16.61. Orora Ltd has a 12-month low of A$2.92 ($2.07) and a 12-month high of A$3.72 ($2.64). The company has a current ratio of 1.05, a quick ratio of 0.55 and a debt-to-equity ratio of 58.74.
The company also recently declared a Interim dividend, which will be paid on Thursday, April 11th. Stockholders of record on Thursday, April 11th will be paid a $0.065 dividend. The ex-dividend date of this dividend is Wednesday, February 27th. This represents a dividend yield of 1.93%. Orora’s dividend payout ratio (DPR) is currently 71.04%.
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Orora Limited 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 offers glass bottles, aluminum cans, closures and caps, boxes and cartons, point-of-purchase displays, packaging equipment, recycled paper, rigid and flexible packaging, bags and sacks, general packaging, and general packaging materials and supplies.
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