Nova Leap Health (CVE:NLH) Reaches New 1-Year High at $0.38

Nova Leap Health Corp. (CVE:NLH)’s share price hit a new 52-week high during trading on Thursday . The stock traded as high as C$0.38 and last traded at C$0.34, with a volume of 48345 shares trading hands. The stock had previously closed at C$0.33.

Nova Leap Health Stock Down 10.4 %

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

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

Insiders Place Their Bets

In related news, Director R. Wayne Myles acquired 140,000 shares of the firm’s stock in a transaction on Friday, May 17th. The stock was purchased at an average cost of C$0.30 per share, with a total value of C$41,328.00. Over the last 90 days, insiders have acquired 239,000 shares of company stock worth $71,371. Insiders own 40.86% of the company’s stock.

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.