Nova Leap Health (CVE:NLH) Shares Up 6.5% – Here’s Why

Nova Leap Health Corp. (CVE:NLH) rose 6.5% during mid-day trading on Wednesday . The stock traded as high as C$0.33 and last traded at C$0.33. Approximately 19,100 shares were traded during trading, a decline of 38% from the average daily volume of 30,692 shares. The stock had previously closed at C$0.31.

Wall Street Analysts Forecast Growth

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

Nova Leap Health Trading Up 6.5 %

The company has a market cap of C$28.45 million, a price-to-earnings ratio of -16.50 and a beta of 1.52. The business has a fifty day simple moving average of C$0.26 and a 200 day simple moving average of C$0.28. The company has a quick ratio of 1.13, a current ratio of 1.70 and a debt-to-equity ratio of 6.84.

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.