SPRU Shariah Compliance
Screening Methodology: AAOIFI
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Spruce Power Holding Corp. Stock Analysis SPRU
Spruce Power Holding Corp. engages in the ownership and operation of distributed solar energy assets. The company is headquartered in Denver, Colorado and currently employs 165 full-time employees. The company went IPO on 2019-07-16. The firm offers subscription-based services to approximately 85,000 home solar assets and customer contracts, making renewable energy more accessible to everyone. The firm is engaged in the ownership and maintenance of home solar energy systems for homeowners in the United States. The firm provides clean, solar energy typically at savings compared to traditional utility energy. Its business offers services which include asset management and operating and maintenance services, and are contracted to service approximately 60,000 systems owned by third parties. In addition to providing management services to its portfolio, it also provides portfolio management services through its Spruce Pro platform, which includes collections/asset recovery, account support services, financial asset management, homeowner support and servicing technology, and asset operations.
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Spruce Power Holding Corp vs S&P 500 Comparative Returns
Analysis of SPRU stock performance compared to the broader market (S&P 500) across multiple timeframes.
YTD Performance
- Spruce Power Ho... (SPR...) -43.1%
- S&P 500 5.05%
Spruce Power Ho... Underperformed S&P 500 by 48.15%
1Y Performance
- Spruce Power Ho... (SPR...) -47.84%
- S&P 500 13.06%
Spruce Power Ho... Underperformed S&P 500 by 60.90%
3Y Performance
- Spruce Power Ho... (SPR...) -82.96%
- S&P 500 62.03%
Spruce Power Ho... Underperformed S&P 500 by 144.99%
5Y Performance
- Spruce Power Ho... (SPR...) -97.94%
- S&P 500 99.19%
Spruce Power Ho... Underperformed S&P 500 by 197.13%
FAQ's
Halal stocks refer to shares of companies that comply with Islamic finance principles, meaning they do not engage in businesses related to alcohol, gambling, pork, or interest-based financial services.