Nova Leap Health (CVE:NLH) Sets New 12-Month High at $0.38

Shares of Nova Leap Health Corp. (CVE:NLH) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as C$0.38 and last traded at C$0.34, with a volume of 48345 shares changing hands. The stock had previously closed at C$0.33.

Nova Leap Health Stock Down 10.4 %

The company has a debt-to-equity ratio of 6.84, a current ratio of 1.78 and a quick ratio of 1.13. The firm’s 50 day simple moving average is C$0.26 and its 200-day simple moving average is C$0.24. The company has a market cap of C$25.86 million, a price-to-earnings ratio of -15.00 and a beta of 1.53.

Nova Leap Health (CVE:NLH) last released its earnings results on Thursday, March 7th. The company reported C($0.01) earnings per share for the quarter. Nova Leap Health had a negative return on equity of 1.55% and a negative net margin of 1.09%. The business had revenue of C$8.92 million for the quarter, compared to analysts’ expectations of C$11.17 million. As a group, sell-side analysts anticipate that Nova Leap Health Corp. will post 0.0136799 earnings per share for the current year.

Insider Activity at Nova Leap Health

In related news, Director R. Wayne Myles purchased 140,000 shares of the company’s stock in a transaction that occurred on Friday, May 17th. The shares were purchased at an average price of C$0.30 per share, with a total value of C$41,328.00. Insiders have purchased 239,000 shares of company stock worth $71,371 over the last quarter. 40.86% of the stock is currently owned by company 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.