The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
Spruce Power Holding Corporation (NYSE: SPRU) closed the day trading at $2.09 down -1.42% from the previous closing price of $2.12. In other words, the price has decreased by -$1.42 from its previous closing price. On the day, 1.04 million shares were traded. SPRU stock price reached its highest trading level at $2.235 during the session, while it also had its lowest trading level at $1.99.
Ratios:
For a better understanding of SPRU, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.29 and its Current Ratio is at 2.29. In the meantime, Its Debt-to-Equity ratio is 4.95 whereas as Long-Term Debt/Eq ratio is at 4.74.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 13 ’24 when Tech Eric M. bought 4,000 shares for $2.80 per share. The transaction valued at 11,200 led to the insider holds 118,430 shares of the business.
Tech Eric M. bought 1,000 shares of SPRU for $2,821 on Dec 06 ’24. The Director now owns 1,000 shares after completing the transaction at $2.82 per share. On Dec 06 ’24, another insider, Tech Eric M., who serves as the Director of the company, bought 1,000 shares for $2.82 each. As a result, the insider paid 2,821 and bolstered with 114,430 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SPRU now has a Market Capitalization of 37783436 and an Enterprise Value of 538525312. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.46 while its Price-to-Book (P/B) ratio in mrq is 0.27. Its current Enterprise Value per Revenue stands at 6.941 whereas that against EBITDA is 185.251.
Stock Price History:
The Beta on a monthly basis for SPRU is 1.48, which has changed by -0.39595377 over the last 52 weeks, in comparison to a change of 0.036926866 over the same period for the S&P500. Over the past 52 weeks, SPRU has reached a high of $4.89, while it has fallen to a 52-week low of $2.03. The 50-Day Moving Average of the stock is -16.40%, while the 200-Day Moving Average is calculated to be -24.97%.
Shares Statistics:
Over the past 3-months, SPRU traded about 38.59K shares per day on average, while over the past 10 days, SPRU traded about 168470 shares per day. A total of 18.31M shares are outstanding, with a floating share count of 14.67M. Insiders hold about 18.87% of the company’s shares, while institutions hold 19.38% stake in the company. Shares short for SPRU as of 1741910400 were 374171 with a Short Ratio of 9.70, compared to 1739491200 on 380078. Therefore, it implies a Short% of Shares Outstanding of 374171 and a Short% of Float of 2.1.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
