Nova Leap Health (CVE:NLH) Stock Price Down 7.7%

Nova Leap Health Corp. (CVE:NLH)’s stock price dropped 7.7% on Monday . The company traded as low as C$0.24 and last traded at C$0.24. Approximately 241,500 shares changed hands during trading, an increase of 686% from the average daily volume of 30,725 shares. The stock had previously closed at C$0.26.

Wall Street Analysts Forecast Growth

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

Nova Leap Health Stock Down 2.1 %

The stock has a 50 day moving average price of C$0.28 and a 200-day moving average price of C$0.27. The stock has a market capitalization of C$20.26 million, a P/E ratio of -11.75 and a beta of 1.54. The company has a debt-to-equity ratio of 6.84, a current ratio of 1.70 and a quick ratio of 1.13.

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.