Element Fleet Management Corp. (OTCMKTS:ELEEF – Get Free Report)’s share price reached a new 52-week low during mid-day trading on Wednesday. The stock traded as low as $17.58 and last traded at $17.66, with a volume of 377887 shares trading hands. The stock had previously closed at $17.80.
Element Fleet Management Stock Down 2.8%
The company has a quick ratio of 7.47, a current ratio of 7.47 and a debt-to-equity ratio of 3.54. The firm has a market cap of $6.58 billion and a price-to-earnings ratio of 22.73. The stock’s 50 day moving average is $19.98 and its 200 day moving average is $20.90.
Element Fleet Management (OTCMKTS:ELEEF – Get Free Report) last released its earnings results on Wednesday, August 5th. The company reported $0.34 earnings per share for the quarter, missing analysts’ consensus estimates 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 firm had revenue of $318.09 million during the quarter, compared to analyst estimates 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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