Element Fleet Management Corp. (OTCMKTS:ELEEF – Get Free Report)’s share price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $18.40 and last traded at $18.40, with a volume of 206 shares. The stock had previously closed at $19.14.
Element Fleet Management Stock Down 1.8%
The company has a current ratio of 7.47, a quick ratio of 7.47 and a debt-to-equity ratio of 3.54. The firm has a market cap of $7.06 billion and a PE ratio of 24.39. The business’s 50-day simple moving average is $20.65 and its 200 day simple moving average is $21.35.
Element Fleet Management (OTCMKTS:ELEEF – Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $0.34 earnings per share for the quarter, missing the consensus estimate of $0.35 by ($0.01). Element Fleet Management had a return on equity of 24.75% and a net margin of 23.33%.The business had revenue of $318.09 million during the quarter, compared to analysts’ expectations of $320.07 million.
About Element Fleet Management
Element Fleet Management Corp. is a global fleet management company that provides outsourced vehicle management services to corporations, government organizations and other businesses. Its solutions are designed to help customers acquire, operate, maintain and replace vehicles throughout their lifecycles.
The company’s services include vehicle financing and leasing, procurement, maintenance management, fuel and expense administration, accident and safety management, telematics, driver support, compliance services and vehicle remarketing.
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