Lendway, Inc. (NASDAQ:TULP – Get Free Report) traded down 1.8% during trading on Friday . The company traded as low as $3.85 and last traded at $3.85. 3,070 shares changed hands during mid-day trading, a decline of 33% from the average session volume of 4,565 shares. The stock had previously closed at $3.92.
Analyst Ratings Changes
Separately, Weiss Ratings assumed coverage on Lendway in a research report on Monday, March 2nd. They issued a “sell (e+)” rating for the company. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Lendway currently has a consensus rating of “Sell”.
Read Our Latest Analysis on Lendway
Lendway Stock Down 1.8%
Lendway (NASDAQ:TULP – Get Free Report) last issued its quarterly earnings data on Wednesday, May 13th. The company reported ($0.43) earnings per share (EPS) for the quarter. Lendway had a negative net margin of 9.79% and a negative return on equity of 42.76%. The company had revenue of $14.44 million for the quarter.
Lendway Company Profile
Insignia Systems, Inc provides in-store advertising solutions to consumer-packaged goods manufacturers, retailers, shopper marketing agencies, and brokerages in the United States. It offers in-store signage solutions, which provides point-of-purchase services; merchandising solutions that include various corrugate displays, side caps, free standing shippers, and customized end-cap solutions; and on-pack solutions, which include BoxTalk, coupons, recipes, and cross-promotions. The company was incorporated in 1990 and is headquartered in Minneapolis, Minnesota.
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