Nova Leap Health (CVE:NLH) Stock Price Down 7.7%

Nova Leap Health Corp. (CVE:NLH) shares traded down 7.7% during trading on Monday . The company traded as low as C$0.24 and last traded at C$0.24. 241,500 shares traded hands during trading, an increase of 686% from the average session volume of 30,725 shares. The stock had previously closed at C$0.26.

Wall Street Analysts Forecast Growth

Separately, Ventum Cap Mkts upgraded Nova Leap Health to a “strong-buy” rating in a research note on Friday, August 9th.

Nova Leap Health Stock Down 7.7 %

The company has a current ratio of 1.70, a quick ratio of 1.13 and a debt-to-equity ratio of 6.84. The company has a market cap of C$20.69 million, a price-to-earnings ratio of -12.00 and a beta of 1.54. The stock has a 50-day simple moving average of C$0.28 and a 200-day simple moving average of C$0.27.

About Nova Leap Health

Nova Leap Health Corp., together with its subsidiaries, provides home and home health care services in the United States and Canada. Its services include dementia care, companionship, personal and skilled nursing care, respite care, cooking and meal preparation, bathing, dressing, grooming, housekeeping, errands, transportation, and medication reminders.