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

Lendway, Inc. (NASDAQ:LDWY) CEO Daniel C. Philp acquired 32,000 shares of Lendway stock in a transaction that occurred on Thursday, November 21st. The shares were bought at an average price of $4.32 per share, for a total transaction of $138,240.00. Following the transaction, the chief executive officer now owns 59,071 shares of the company’s stock, valued at $255,186.72. This represents a 118.21 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Lendway Stock Down 5.0 %

Shares of NASDAQ:LDWY opened at $4.41 on Thursday. Lendway, Inc. has a 52-week low of $3.02 and a 52-week high of $6.88. The stock has a market cap of $7.81 million, a P/E ratio of -2.23 and a beta of 1.85. The business has a fifty day moving average of $3.57 and a two-hundred day moving average of $4.19. The company has a quick ratio of 0.56, a current ratio of 2.27 and a debt-to-equity ratio of 2.40.

About Lendway

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.