Spruce Power (NYSE:SPRU) Releases Earnings Results

Spruce Power (NYSE:SPRU) announced its quarterly earnings data on Monday. The company reported ($0.29) earnings per share (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 Stock Performance

NYSE:SPRU opened at $2.38 on Tuesday. The stock’s 50 day simple moving average is $2.54 and its two-hundred day simple moving average is $2.64. 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 has a market cap of $44.35 million, a price-to-earnings ratio of -0.47 and a beta of 1.23. Spruce Power has a 1 year low of $2.17 and a 1 year high of $4.89.

About Spruce Power

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.