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

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

Nova Leap Health Trading Up 23.7%

The stock’s 50 day moving average is C$0.39 and its 200-day moving average is C$0.36. The company 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.

Insider Transactions at Nova Leap Health

In other news, Director R. Wayne Myles bought 61,000 shares of the firm’s stock in a transaction on Friday, May 15th. The stock was acquired at an average cost of C$0.44 per share, with a total value 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 ownership of the stock. Insiders have bought 168,471 shares of company stock valued at $69,930 over the last three months. 40.77% of the stock is currently owned by 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.