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

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

Nova Leap Health Stock Performance

The stock has a market capitalization of C$33.18 million, a price-to-earnings ratio of 126.67 and a beta of 1.70. The company has a 50 day simple moving average of C$0.38 and a 200-day simple moving average of C$0.34. The company has a quick ratio of 1.13, a current ratio of 1.02 and a debt-to-equity ratio of 14.80.

Insider Activity

In other Nova Leap Health news, Director R. Wayne Myles purchased 61,000 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The shares were acquired at an average cost 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 C$1,076,574.84. The trade was a 2.56% increase in their position. In the last three months, insiders have acquired 168,471 shares of company stock valued at $69,930. Corporate 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.