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Essex Financial Services Inc. Has $107,000 Stock Position in Spruce Power Holding Co. (NYSE:SPRU)

Essex Financial Services Inc. reduced its stake in Spruce Power Holding Co. (NYSE:SPRU - Free Report) by 87.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 24,137 shares of the company's stock after selling 168,963 shares during the period. Essex Financial Services Inc. owned 0.13% of Spruce Power worth $107,000 as of its most recent filing with the Securities and Exchange Commission.

Spruce Power Price Performance

NYSE:SPRU traded down $0.05 during midday trading on Friday, hitting $4.53. 13,783 shares of the stock were exchanged, compared to its average volume of 57,224. Spruce Power Holding Co. has a one year low of $3.09 and a one year high of $8.40. The company has a market capitalization of $82.90 million, a price-to-earnings ratio of -1.26 and a beta of 1.25. The business has a 50-day moving average price of $3.88 and a two-hundred day moving average price of $3.97. The company has a current ratio of 2.84, a quick ratio of 2.84 and a debt-to-equity ratio of 2.75.

Spruce Power (NYSE:SPRU - Get Free Report) last announced its quarterly earnings data on Thursday, March 14th. The company reported ($0.58) earnings per share for the quarter. The firm had revenue of $15.70 million during the quarter. Spruce Power had a negative net margin of 82.70% and a negative return on equity of 7.24%.

Spruce Power Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Spruce Power (NYSE:SPRU)

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