Nova Leap Health (CVE:NLH) Stock Price Up 24.4% – Should You Buy?

Shares of Nova Leap Health Corp. (CVE:NLH) traded up 24.4% during trading on Saturday . The stock traded as high as C$0.33 and last traded at C$0.28. 349,993 shares changed hands during mid-day trading, an increase of 1,225% from the average session volume of 26,406 shares. The stock had previously closed at C$0.23.

Nova Leap Health Trading Up 24.4%

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 business’s 50-day moving average is C$0.26 and its 200 day moving average is C$0.25. The firm has a market capitalization of C$15.92 million, a P/E ratio of -34.51 and a beta of 1.52.

Insider Buying and Selling at Nova Leap Health

In related news, Director R. Wayne Myles purchased 170,000 shares of the business’s stock in a transaction that occurred on Friday, May 23rd. The stock was acquired at an average cost of C$0.28 per share, for a total transaction of C$47,804.00. Insiders own 40.77% of the company’s stock.

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.