Lendway (NASDAQ:LDWY) Trading Up 1% – Still a Buy?

Lendway, Inc. (NASDAQ:LDWY) was up 1% during trading on Monday . The company traded as high as $5.05 and last traded at $4.95. Approximately 2,474 shares traded hands during mid-day trading, a decline of 7% from the average daily volume of 2,655 shares. The stock had previously closed at $4.90.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Lendway in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, Lendway currently has an average rating of “Sell”.

Lendway Trading Up 1.0%

The company has a debt-to-equity ratio of 2.76, a current ratio of 1.46 and a quick ratio of 0.58. The company has a market capitalization of $8.76 million, a price-to-earnings ratio of -3.37 and a beta of 2.53. The business’s 50 day simple moving average is $5.19 and its 200 day simple moving average is $4.78.

Lendway (NASDAQ:LDWY) last posted its quarterly earnings data on Thursday, August 28th. The company reported $0.56 EPS for the quarter. The company had revenue of $23.18 million for the quarter. Lendway had a negative net margin of 5.30% and a negative return on equity of 20.31%.

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.