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

Nova Leap Health Corp. (CVE:NLHGet Free Report)’s share price 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 traded 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 Price Performance

The firm has a market capitalization of C$15.92 million, a PE ratio of -34.51 and a beta of 1.52. The company has a debt-to-equity ratio of 6.46, a quick ratio of 1.13 and a current ratio of 1.76. The business’s 50 day moving average is C$0.26 and its two-hundred day moving average is C$0.25.

Insiders Place Their Bets

In other news, Director R. Wayne Myles purchased 170,000 shares of Nova Leap Health stock in a transaction dated Friday, May 23rd. The stock was purchased at an average cost of C$0.28 per share, for a total transaction of C$47,804.00. Corporate insiders own 40.77% of the company’s stock.

Nova Leap Health Company Profile

(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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