Nova Leap Health (CVE:NLH) Sets New 1-Year High – Here’s What Happened

Nova Leap Health Corp. (CVE:NLH) reached a new 52-week high during trading on Monday . The company traded as high as C$0.44 and last traded at C$0.44, with a volume of 38500 shares trading hands. The stock had previously closed at C$0.37.

Nova Leap Health Price Performance

The business has a 50-day simple moving average of C$0.38 and a two-hundred day simple moving average of C$0.35. The company has a quick ratio of 1.13, a current ratio of 1.02 and a debt-to-equity ratio of 14.80. The stock has a market capitalization of C$38.42 million, a price-to-earnings ratio of 146.67 and a beta of 1.70.

Insiders Place Their Bets

In other news, Director R. Wayne Myles bought 61,000 shares of the stock in a transaction that occurred on Friday, May 15th. The shares were purchased at an average cost of C$0.44 per share, with a total value of C$26,840.00. Following the completion of the acquisition, the director directly owned 2,446,761 shares in the company, valued at approximately C$1,076,574.84. The trade was a 2.56% increase in their ownership of the stock. Insiders bought a total of 168,471 shares of company stock worth $69,930 over the last ninety days. Company 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. The company was incorporated in 2015 and is headquartered in Halifax, Canada.