Nova Leap Health (CVE:NLH) Stock Price Up 6.3% – Here’s Why

Nova Leap Health Corp. (CVE:NLH)’s stock price rose 6.3% on Wednesday . The stock traded as high as C$0.26 and last traded at C$0.26. Approximately 19,000 shares were traded during trading, a decline of 38% from the average daily volume of 30,765 shares. The stock had previously closed at C$0.24.

Analyst Upgrades and Downgrades

Separately, Ventum Cap Mkts raised Nova Leap Health to a “strong-buy” rating in a report on Friday, August 9th.

Nova Leap Health Stock Performance

The company has a debt-to-equity ratio of 6.84, a current ratio of 1.70 and a quick ratio of 1.13. The stock has a market cap of C$23.28 million, a P/E ratio of -14.00 and a beta of 1.52. The stock has a 50-day simple moving average of C$0.25 and a 200-day simple moving average of C$0.27.

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.