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 business’s 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 completion of the purchase, the chief executive officer now owns 59,071 shares in the company, valued at approximately $255,186.72. This trade represents a 118.21 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Lendway Stock Performance

Shares of NASDAQ LDWY opened at $5.00 on Tuesday. Lendway, Inc. has a 12-month low of $3.02 and a 12-month high of $6.88. The firm has a market capitalization of $8.85 million, a price-to-earnings ratio of -2.53 and a beta of 1.85. The company has a current ratio of 2.27, a quick ratio of 0.56 and a debt-to-equity ratio of 2.40. The firm has a 50 day moving average of $3.52 and a 200 day moving average of $4.20.

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.