Insider Buying: Spruce Power Holding Co. (NYSE:SPRU) President Buys $18,022.50 in Stock

Spruce Power Holding Co. (NYSE:SPRU – Get Rating) President Christian S. Fong acquired 20,250 shares of Spruce Power stock in a transaction dated Monday, December 5th. The stock was purchased at an average price of $0.89 per share, with a total value of $18,022.50. Following the completion of the purchase, the president now owns 1,627,112 shares of the company’s stock, valued at $1,448,129.68. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Spruce Power Price Performance

Shares of NYSE:SPRU opened at $0.90 on Friday. Spruce Power Holding Co. has a 52-week low of $0.69 and a 52-week high of $4.45. The company has a debt-to-equity ratio of 1.49, a quick ratio of 5.14 and a current ratio of 5.38.

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.