Nova Leap Health (CVE:NLH) Hits New 12-Month High – Here’s Why

Shares of Nova Leap Health Corp. (CVE:NLH) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$0.44 and last traded at C$0.41, with a volume of 4190 shares changing hands. The stock had previously closed at C$0.42.

Nova Leap Health Stock Performance

The company has a market capitalization of C$33.18 million, a PE ratio of 126.67 and a beta of 1.70. The company has a debt-to-equity ratio of 14.80, a quick ratio of 1.13 and a current ratio of 1.02. The business has a fifty day moving average price of C$0.38 and a 200 day moving average price of C$0.34.

Insider Buying and Selling

In other Nova Leap Health news, Director R. Wayne Myles purchased 61,000 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The shares were purchased at an average price of C$0.44 per share, for a total transaction of C$26,840.00. Following the completion of the acquisition, the director owned 2,446,761 shares of the company’s stock, valued at approximately C$1,076,574.84. This represents a 2.56% increase in their position. Insiders have purchased a total of 168,471 shares of company stock valued at $69,930 in the last 90 days. 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. The company was incorporated in 2015 and is headquartered in Halifax, Canada.