Nova Leap Health (CVE:NLH) Sets New 52-Week High – Should You Buy?

Nova Leap Health Corp. (CVE:NLHGet Free Report)’s share price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as C$0.49 and last traded at C$0.46, with a volume of 41255 shares. The stock had previously closed at C$0.47.

Nova Leap Health Price Performance

The stock has a fifty day simple moving average of C$0.40 and a 200-day simple moving average of C$0.36. The company has a market capitalization of C$40.16 million, a price-to-earnings ratio of 153.33 and a beta of 1.69. 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 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 stock was purchased at an average price of C$0.44 per share, for a total transaction of C$26,840.00. Following the purchase, the director directly owned 2,446,761 shares in the company, valued at approximately C$1,076,574.84. This trade represents a 2.56% increase in their ownership of the stock. In the last 90 days, insiders bought 168,471 shares of company stock worth $69,930. 40.77% of the stock is owned by company insiders.

Nova Leap Health Company Profile

(Get Free Report)

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.

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