Insider Buying: Nova Leap Health (CVE:NLH) Director Acquires 61,000 Shares of Stock

Nova Leap Health Corp. (CVE:NLH) Director R. Wayne Myles purchased 61,000 shares of the firm’s stock in a transaction on Friday, May 15th. The stock was acquired at an average price of C$0.44 per share, for a total transaction of C$26,840.00. Following the transaction, the director owned 2,446,761 shares of the company’s stock, valued at C$1,076,574.84. The trade was a 2.56% increase in their position.

R. Wayne Myles also recently made the following trade(s):

• On Friday, May 15th, R. Wayne Myles purchased 50,000 shares of Nova Leap Health stock. The stock was acquired at an average price of C$0.42 per share, for a total transaction of C$21,000.00.
• On Friday, May 15th, R. Wayne Myles purchased 5,000 shares of Nova Leap Health stock. The stock was acquired at an average price of C$0.44 per share, for a total transaction of C$2,200.00.

Nova Leap Health Price Performance

Nova Leap Health stock remained flat at C$0.42 during mid-day trading on Tuesday. 108,000 shares of the company’s stock traded hands, compared to its average volume of 24,612. The company has a quick ratio of 1.13, a current ratio of 1.02 and a debt-to-equity ratio of 14.80. The firm has a market capitalization of C$36.67 million, a PE ratio of -210.00 and a beta of 2.44. Nova Leap Health Corp. has a 12-month low of C$0.22 and a 12-month high of C$0.44. The firm’s fifty day simple moving average is C$0.36 and its two-hundred day simple moving average is C$0.32.

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. The company was incorporated in 2015 and is headquartered in Halifax, Canada.