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

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

Lendway Price Performance

NASDAQ LDWY traded up $0.49 during mid-day trading on Monday, hitting $4.62. The stock had a trading volume of 10,831 shares, compared to its average volume of 8,230. Lendway, Inc. has a 52-week low of $3.02 and a 52-week high of $6.88. 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 company has a 50 day simple moving average of $3.52 and a 200 day simple moving average of $4.21.

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.