Nova Leap Health (CVE:NLH) Sets New 1-Year High – What’s Next?
by Michael Walen · The Markets DailyShares of Nova Leap Health Corp. (CVE:NLH – Get Free Report) reached a new 52-week high during trading on Thursday . The company traded as high as C$0.44 and last traded at C$0.44, with a volume of 50600 shares changing hands. The stock had previously closed at C$0.41.
Nova Leap Health Stock Performance
The firm’s fifty day simple moving average is C$0.37 and its 200 day simple moving average is C$0.33. The company has a market capitalization of C$38.42 million, a price-to-earnings ratio of 146.67 and a beta of 1.96. The company has a debt-to-equity ratio of 14.80, a current ratio of 1.02 and a quick ratio of 1.13.
Insider Activity at Nova Leap Health
In other news, Director R. Wayne Myles purchased 61,000 shares of Nova Leap Health stock in a transaction that occurred on Friday, May 15th. The stock was acquired at an average price of C$0.44 per share, for a total transaction of C$26,840.00. Following the transaction, the director owned 2,446,761 shares in the company, valued at C$1,076,574.84. The trade was a 2.56% increase in their ownership of the stock. In the last three months, insiders have purchased 168,471 shares of company stock valued at $69,930. 40.77% of the stock is currently owned by corporate insiders.
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.