Spruce Power (NYSE:SPRU) Releases Earnings Results

Spruce Power (NYSE:SPRU) posted its earnings results on Monday. The company reported ($0.29) EPS for the quarter, Zacks reports. Spruce Power had a negative return on equity of 23.98% and a negative net margin of 121.98%.

Spruce Power Price Performance

Shares of SPRU traded down $0.09 during trading hours on Monday, hitting $2.38. The stock had a trading volume of 36,800 shares, compared to its average volume of 36,790. The stock has a market capitalization of $44.35 million, a price-to-earnings ratio of -0.47 and a beta of 1.23. The company has a debt-to-equity ratio of 3.81, a current ratio of 2.75 and a quick ratio of 2.75. The company’s fifty day moving average is $2.55 and its two-hundred day moving average is $2.64. Spruce Power has a 52 week low of $2.17 and a 52 week high of $4.89.

Spruce Power Company Profile

Spruce Power Holding Corporation owns and operates distributed solar energy assets in the United States. The company provides subscription-based services for homeowners and businesses to own and maintain rooftop solar and battery storage. It offers its subscription-based services to approximately 75,000 customers.