Nova Leap Health (CVE:NLH) Stock Price Up 24.4% – What’s Next?

Nova Leap Health Corp. (CVE:NLH) shares rose 24.4% during mid-day trading 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 business has a fifty day simple moving average of C$0.26 and a 200-day simple moving average of C$0.25. 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 firm has a market cap of C$15.92 million, a price-to-earnings ratio of -34.51 and a beta of 1.52.

Insider Activity at Nova Leap Health

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

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.