Daniel C. Philp Buys 32,000 Shares of Lendway, Inc. (NASDAQ:LDWY) Stock

Lendway, Inc. (NASDAQ:LDWY) CEO Daniel C. Philp acquired 32,000 shares of the firm’s stock in a transaction dated Thursday, November 21st. The shares were purchased at an average price of $4.32 per share, for a total transaction of $138,240.00. Following the completion of the transaction, the chief executive officer now directly 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 purchase was disclosed in a legal filing with the SEC, which is available through the SEC website.

Lendway Trading Up 21.1 %

Shares of LDWY stock opened at $5.00 on Tuesday. The stock has a fifty day simple moving average of $3.52 and a two-hundred day simple moving average of $4.20. Lendway, Inc. has a 52-week low of $3.02 and a 52-week high of $6.88. The firm has a market capitalization of $8.85 million, a PE ratio of -2.53 and a beta of 1.85. The company has a debt-to-equity ratio of 2.40, a quick ratio of 0.56 and a current ratio of 2.27.

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.