Nova Leap Health (CVE:NLH) Stock Price Up 2.9%

Nova Leap Health Corp. (CVE:NLH) was up 2.9% during trading on Friday . The company traded as high as C$0.35 and last traded at C$0.35. Approximately 5,200 shares traded hands during mid-day trading, a decline of 84% from the average daily volume of 32,615 shares. The stock had previously closed at C$0.34.

Nova Leap Health Price Performance

The stock has a market capitalization of C$30.17 million, a price-to-earnings ratio of -17.50 and a beta of 1.53. The company has a current ratio of 1.78, a quick ratio of 1.13 and a debt-to-equity ratio of 6.84. The company’s 50 day moving average is C$0.28 and its 200 day moving average is C$0.25.

Nova Leap Health (CVE:NLH) last posted its earnings results on Thursday, May 9th. The company reported C$0.01 EPS for the quarter. The business had revenue of C$8.67 million for the quarter, compared to analysts’ expectations of C$8.78 million. Nova Leap Health had a negative return on equity of 1.55% and a negative net margin of 1.09%. Research analysts anticipate that Nova Leap Health Corp. will post 0.0136799 EPS for the current fiscal year.

Insider Activity at Nova Leap Health

In other Nova Leap Health news, Director R. Wayne Myles acquired 140,000 shares of the stock in a transaction on Friday, May 17th. The shares were bought at an average cost of C$0.30 per share, with a total value of C$41,328.00. Insiders acquired a total of 239,000 shares of company stock worth $71,371 in the last 90 days. 40.86% of the stock is owned by 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.