Nova Leap Health Corp (OTCMKTS:NVLPF) Stock Gains Momentum: Jumps 7%

Nova Leap Health Corp (OTCMKTS:NVLPF) was up 7% after the company announced that it issued Deferred Share Units. As part of the directors’ compensation settlement for the quarter ending December 31, 2021, the company issued 69,361 DSUs to independent directors.

Market Stats

On Tuesday, NVLPF stock gained 7% to $0.4973 with more than 1.2k shares, compared to its average volume of 11k shares. The stock has moved within a range of $0.4973 – 0.4973 after opening trading at $0.4973.      

Nova Leap Health Corp. Grants Stock Options

Directors can elect to receive all or part of their yearly salary in DSUs on an annual basis. The DSUs were issued under the company’s Amended and Restated Equity Incentive Plan and are subject to its terms and limitations.

The company is a growth-oriented home care services provider in the rapidly growing sectors in the United States and Canada. The company plays an important role in the healthcare continuum by focusing on the individual and family, especially for people who require dementia care. It was ranked #42 on last year’s Report on the Business listing of Canada’s Top Growing Companies, #2 the year before on Business ranking of Canada’s Top Growing Companies, and #10 in the Clean Technology & Life Sciences category. So, in the coming weeks, NVLPF is worth watching.

Traders Corner

NVLPF  stock is trading above the 20-Day and 50-Day Moving averages of $0.4758 and $0.4915 respectively. However, the stock is trading below the 200-Day moving average of $0.5812.