Insider Buying: Spruce Power Holding Co. (NYSE:SPRU) Director Buys 20,000 Shares of Stock

Spruce Power Holding Co. (NYSE:SPRU – Get Rating) Director John P. Miller purchased 20,000 shares of the business’s stock in a transaction that occurred on Thursday, May 18th. The stock was purchased at an average price of $0.83 per share, for a total transaction of $16,600.00. Following the completion of the transaction, the director now directly owns 281,935 shares in the company, valued at $234,006.05. The acquisition was disclosed in a legal filing with the SEC, which is available at this link.

Spruce Power Trading Up 1.0 %

Shares of NYSE:SPRU opened at $0.84 on Monday. The company has a 50 day moving average price of $0.77. The company has a debt-to-equity ratio of 2.20, a quick ratio of 4.61 and a current ratio of 4.45. Spruce Power Holding Co. has a fifty-two week low of $0.55 and a fifty-two week high of $1.60.

About Spruce Power

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XL Fleet Corp. provides fleet electrification solutions for commercial vehicles in North America. Its products include hybrid electric drive systems are comprised of an electric motor that is mounted onto the vehicle's drive shaft, an inverter motor controller, and a lithium-ion battery pack to store energy to be used for propulsion; plug-in hybrid electric drive system, which are fitted to vehicles.