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

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

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

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

Nova Leap Health Stock Performance

CVE:NLH remained flat at C$0.42 during midday trading on Tuesday. The company had a trading volume of 108,000 shares, compared to its average volume of 24,612. Nova Leap Health Corp. has a 1 year low of C$0.22 and a 1 year high of C$0.44. The company has a market cap of C$36.67 million, a P/E ratio of -210.00 and a beta of 2.44. The company’s 50 day moving average price is C$0.36 and its 200-day moving average price is C$0.32. The company has a debt-to-equity ratio of 14.80, a current ratio of 1.02 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. The company was incorporated in 2015 and is headquartered in Halifax, Canada.