Lendway, Inc. (NASDAQ:LDWY) CEO Daniel C. Philp Purchases 32,000 Shares

Lendway, Inc. (NASDAQ:LDWY) CEO Daniel C. Philp purchased 32,000 shares of the stock in a transaction on Thursday, November 21st. The shares were purchased at an average price of $4.32 per share, with a total value of $138,240.00. Following the acquisition, the chief executive officer now owns 59,071 shares in the company, valued at approximately $255,186.72. The trade was a 118.21 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Lendway Trading Down 7.2 %

LDWY opened at $4.64 on Wednesday. Lendway, Inc. has a twelve month low of $3.02 and a twelve month high of $6.88. The company has a fifty day moving average of $3.55 and a 200-day moving average of $4.19. The stock has a market cap of $8.21 million, a PE ratio of -2.53 and a beta of 1.85. The company has a quick ratio of 0.56, a current ratio of 2.27 and a debt-to-equity ratio of 2.40.

Lendway Company Profile

Lendway, Inc operates as a specialty agricultural and finance company focusing on making and managing its agricultural investments in the United States and internationally. It owns and operates FarmlandCredit.com, a non-bank lending business that seeks to purchase existing loans and/or originate and fund new loans domestically.