Lendway Inc (LDWY) Stock AnalysisLDWYLendway Inc

Lendway, Inc. is a specialty agricultural (ag) company. The Company is focused on making and managing its ag investments in the United States (U.S.) and internationally. The Company is the owner of Fresh Tulips USA LLC, Bloomia B.V., (Bloomia), and its affiliated entities. Bloomia is a producer of fresh-cut tulips in the United States, nurturing over 75 million stems annually. Bloomia operates greenhouses to hydroponically grow tulips in locations in the United States and South Africa. In South Africa, Bloomia’s wholly-owned subsidiary operates a greenhouse which produces an average of approximately 3.5 million tulip stems. In the Netherlands, Bloomia facilitates the sourcing of bulbs, conditioning to prepare bulbs for planting, and shipping of bulbs to the United States and South Africa facilities. Bloomia has invested in automation in the U.S. greenhouse. Bloomia sources tulip bulbs from producers in the Netherlands, Chile, and New Zealand. It operates in the Consumer Non-Cyclicals sector (SERVICES-ADVERTISING industry).

LDWY is not a good buy right now. The chart has some short-term bullish momentum (positive/expanding MACD), but the stock is near resistance and looks stretched (RSI_6 ~73). With no supportive news catalysts, no proprietary buy signals today, and very weak latest-quarter fundamentals, the risk/reward is unfavorable for an impatient buyer looking to enter immediately.