Lendway, Inc. (NASDAQ:LDWY) CEO Acquires $138,240.00 in Stock

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

Lendway Stock Performance

Shares of LDWY traded up $0.49 during mid-day trading on Monday, hitting $4.62. 10,831 shares of the company’s stock were exchanged, compared to its average volume of 8,230. The company has a quick ratio of 0.56, a current ratio of 2.27 and a debt-to-equity ratio of 2.40. The stock’s 50-day moving average is $3.52 and its 200-day moving average is $4.21. Lendway, Inc. has a fifty-two week low of $3.02 and a fifty-two week high of $6.88.

Lendway Company Profile

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.