Element Fleet Management Corp. (OTCMKTS:ELEEF – Get Free Report)’s share price gapped up before the market opened on Tuesday . The stock had previously closed at $17.90, but opened at $18.66. Element Fleet Management shares last traded at $19.44, with a volume of 725 shares.
Element Fleet Management Stock Performance
The company has a market capitalization of $7.10 billion and a P/E ratio of 24.53. The stock’s fifty day moving average price is $20.55 and its 200-day moving average price is $21.25. The company has a debt-to-equity ratio of 3.54, a quick ratio of 7.47 and a current ratio of 7.47.
Element Fleet Management (OTCMKTS:ELEEF – Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.34 EPS for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.01). The business had revenue of $318.09 million for the quarter, compared to the consensus estimate of $320.07 million. Element Fleet Management had a return on equity of 24.75% and a net margin of 23.33%.
Element Fleet Management Company Profile
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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