Lendway (NASDAQ:LDWY) Announces Earnings Results

Lendway (NASDAQ:LDWY) posted its earnings results on Thursday. The company reported ($1.67) earnings per share for the quarter, Zacks reports.

Lendway Price Performance

NASDAQ:LDWY traded down $0.08 during mid-day trading on Thursday, hitting $3.77. 718 shares of the company’s stock traded hands, compared to its average volume of 6,623. Lendway has a 1 year low of $3.02 and a 1 year high of $6.88. The company has a market cap of $6.67 million, a PE ratio of -1.90 and a beta of 1.97. The company has a debt-to-equity ratio of 2.40, a quick ratio of 0.56 and a current ratio of 2.27. The firm’s 50 day simple moving average is $4.11 and its 200 day simple moving average is $4.02.

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.