Nova Leap Health (CVE:NLH) Shares Down 2% – Here’s What Happened

Nova Leap Health Corp. (CVE:NLH)’s stock price fell 2% during trading on Wednesday . The stock traded as low as C$0.25 and last traded at C$0.25. 48,500 shares were traded during trading, an increase of 54% from the average session volume of 31,572 shares. The stock had previously closed at C$0.26.

Wall Street Analyst Weigh In

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

Nova Leap Health Trading Down 2.0 %

The company has a 50 day moving average of C$0.27 and a 200 day moving average of C$0.28. The company has a debt-to-equity ratio of 6.84, a quick ratio of 1.13 and a current ratio of 1.70. The stock has a market capitalization of C$21.55 million, a price-to-earnings ratio of -12.50 and a beta of 1.52.

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.