Spruce Power Holding Corp's fundamentals are relatively healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 57 out of 65 in the Electric Utilities & IPPs industry.Institutional ownership is very high.In the medium term, the stock price is expected to trend up.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Spruce Power Holding Corp is 6.81, ranking 55 out of 65 in the Electric Utilities & IPPs industry. Its financial status is stable, and its operating efficiency is high. Its latest quarterly revenue reached 30.73M, representing a year-over-year increase of 43.73%, while its net profit experienced a year-over-year increase of 98.39%.
Key Metrics
The current valuation score of Spruce Power Holding Corp is 8.74, ranking 6 out of 65 in the Electric Utilities & IPPs industry. Its current P/E ratio is -3.56, which is -109.92% below the recent high of 0.35 and -31.57% above the recent low of -4.69.
No earnings forecast score is currently available for Spruce Power Holding Corp. The Electric Utilities & IPPs industry's average is 7.13.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Spruce Power Holding Corp is 6.63, ranking 52 out of 65 in the Electric Utilities & IPPs industry. Currently, the stock price is trading between the resistance level at 6.24 and the support level at 4.09, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
The current institutional shareholding score of Spruce Power Holding Corp is 3.00, ranking 42 out of 65 in the Electric Utilities & IPPs industry. The latest institutional shareholding proportion is 33.83%, representing a quarter-over-quarter increase of 112.38%. The largest institutional shareholder is The Vanguard, holding a total of 732.59K shares, representing 4.03% of shares outstanding, with 11.20% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Electric Utilities & IPPs domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Spruce Power Holding Corp is 1.72, ranking 60 out of 65 in the Electric Utilities & IPPs industry. The company's beta value is 1.29. This indicates that the stock tends to outperform the index during upward trending markets but experiences larger declines during downward trending markets. with an industry-leading ESG disclosure.
