Nova Leap Health (CVE:NLH) Shares Up 23.7% – What’s Next?

Nova Leap Health Corp. (CVE:NLH)’s share price traded up 23.7% during trading on Monday . The stock traded as high as C$0.47 and last traded at C$0.47. 100,120 shares traded hands during trading, an increase of 274% from the average daily volume of 26,792 shares. The stock had previously closed at C$0.38.

Nova Leap Health Trading Up 23.7%

The stock has a market cap of C$41.04 million, a P/E ratio of 156.67 and a beta of 1.69. The company has a current ratio of 1.02, a quick ratio of 1.13 and a debt-to-equity ratio of 14.80. The stock’s fifty day moving average price is C$0.39 and its 200 day moving average price is C$0.36.

Insider Buying and Selling

In other Nova Leap Health news, Director R. Wayne Myles acquired 61,000 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The shares were acquired at an average price of C$0.44 per share, with a total value of C$26,840.00. Following the completion of the purchase, the director directly owned 2,446,761 shares of the company’s stock, valued at approximately C$1,076,574.84. The trade was a 2.56% increase in their position. Insiders have bought a total of 168,471 shares of company stock worth $69,930 over the last 90 days. 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.