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

Nova Leap Health Corp. (CVE:NLH)’s stock price hit a new 52-week high during trading on Tuesday . The company traded as high as C$0.44 and last traded at C$0.44, with a volume of 6510 shares. The stock had previously closed at C$0.43.

Nova Leap Health Price Performance

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 business’s 50-day simple moving average is C$0.39 and its two-hundred day simple moving average is C$0.36. The firm has a market cap of C$38.42 million, a price-to-earnings ratio of 146.67 and a beta of 1.70.

Insider Transactions at Nova Leap Health

In other Nova Leap Health news, Director R. Wayne Myles purchased 61,000 shares of the company’s stock in a transaction 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 purchase, the director owned 2,446,761 shares in the company, valued at C$1,076,574.84. This represents a 2.56% increase in their ownership of the stock. Insiders purchased 168,471 shares of company stock valued at $69,930 over the last quarter. 40.77% of the stock is currently owned by insiders.

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.