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

Nova Leap Health Corp. (CVE:NLHGet Free Report) shares rose 24.4% on Saturday . The company traded as high as C$0.33 and last traded at C$0.28. Approximately 349,993 shares changed hands during mid-day trading, an increase of 1,225% from the average daily 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 current ratio of 1.76, a quick ratio of 1.13 and a debt-to-equity ratio of 6.46. The company has a fifty day moving average price of C$0.26 and a two-hundred day moving average price of C$0.25. The firm has a market capitalization of C$15.92 million, a price-to-earnings ratio of -34.51 and a beta of 1.52.

Insider Transactions at Nova Leap Health

In related news, Director R. Wayne Myles purchased 170,000 shares of Nova Leap Health stock in a transaction dated Friday, May 23rd. The shares were acquired at an average price of C$0.28 per share, for a total transaction of C$47,804.00. 40.77% of the stock is currently owned by insiders.

About Nova Leap Health

(Get Free Report)

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.

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