SPRU: Spruce Power Holding Corporation - Summary | Jitta

Spruce Power Holding Corporation

NYSE:SPRU

Price
$2.84
Loss Chance
46.1%
3.76JITTA SCORE
59.24%Under Jitta Line
Jitta Ranking
15 / 90
725 / 4,221
Grow your money with Jitta Ranking. See details.
HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (60)
Recent Business Performance (67)
Financial Strength (21)
Return to Shareholders (9)
Competitive Advantage (50)
Jitta Signs
Recent Business PerformanceEarning Growth Last Year
SG&A to SalesDecreasing
Cash Conversion CycleLess than 60 days
Key Stats
Jitta Score
Jitta Line
3.76
59.24%
4.60
79.17%
Renewable Electricity
3.86
19.90%
3.61
100.00%
4.09
15.95%
COMPANY DESCRIPTION
Spruce Power Holding Corporation owns and operates distributed solar energy assets in the United States. The company offers electricity for homeowners through subscription-based payments and solar renewable energy credits (SRECs) for contracted prices, which are generated by home solar energy systems. It also provides Spruce Pro servicing platform, which provides home and third party-owned solar energy systems with portfolio managed services, including billing and collections/asset recovery, account support services, financial asset management, homeowner support and servicing technology, asset operations, and transaction and execution services related to SRECs; and Spruce Pro, which offers third-party owners a range of services for residential, commercial, and industrial assets. Spruce Power Holding Corporation was founded in 2009 and is headquartered in Houston, Texas