Nova Leap Health (CVE:NLH) Stock Price Down 5.4% – Should You Sell?

Nova Leap Health Corp. (CVE:NLH) shares traded down 5.4% on Wednesday . The stock traded as low as C$0.27 and last traded at C$0.27. 3,000 shares changed hands during trading, a decline of 88% from the average session volume of 25,097 shares. The stock had previously closed at C$0.28.

Nova Leap Health Price Performance

The company’s 50-day moving average is C$0.25 and its two-hundred day moving average is C$0.25. The company has a debt-to-equity ratio of 6.46, a current ratio of 1.76 and a quick ratio of 1.13. The firm has a market cap of C$15.06 million, a P/E ratio of -32.66 and a beta of 1.52.

Insider Buying and Selling

In other Nova Leap Health news, Director R. Wayne Myles bought 170,000 shares of the stock in a transaction on Friday, May 23rd. The stock was purchased at an average price of C$0.28 per share, with a total value of C$47,804.00. 40.77% of the stock is currently owned by company insiders.

Nova Leap Health Company Profile

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.