Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Spruce Power Holding Corporation’s current trading price is -54.32% away from its 52-week high, while its distance from the 52-week low is 28.73%. The stock’s price range over this period has fluctuated between $0.55 and $1.55. The company, operating within the financial sector, had a trading volume of approximately 0.58 million for the day, which was noticeably higher than the average daily share volume of 0.34 million over the last 3 months.
The stock of Spruce Power Holding Corporation (SPRU) is currently priced at $0.71. In the last session, the stock climbed significantly, topping out at $0.7712 after opening at $0.7639. The day’s lowest price was $0.708 before the stock closed at $0.79.
Spruce Power Holding Corporation’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $1.55 on 02/02/23 and a low of $0.55 for the same time frame on 05/01/23.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Spruce Power Holding Corporation (SPRU) has experienced a quarterly decline of -12.45% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 115.90M and boasts a workforce of 318 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.8133, with a change in price of -0.0020. Similarly, Spruce Power Holding Corporation recorded 378,493 in trading volume during the last 100 days, posting a change of -0.28%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for SPRU stands at 2.33. Similarly, the long-term debt-to-equity ratio is also 2.23.
SPRU Stock Stochastic Average
Today’s raw stochastic average for Spruce Power Holding Corporation over the last 50 days is 0.00%.This indicates a increase from the raw stochastic average of the past 20 days, which was 0.00%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 32.15% and 32.95%, respectively.
SPRU Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The metric has seen a significant loss of -22.97% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -9.23%. Over the past 30 days, the price of SPRU has leaped by -11.50%. And in the last five days, it has fallen by -10.27%.