Element Fleet Management (OTCMKTS:ELEEF) Stock Price Up 1% – Time to Buy?

Element Fleet Management Corp. (OTCMKTS:ELEEF – Get Free Report)’s stock price shot up 1% on Tuesday . The company traded as high as $21.02 and last traded at $21.00. Approximately 62,653 shares were traded during trading, a decline of 57% from the average daily volume of 144,348 shares. The stock had previously closed at $20.79.

Element Fleet Management Price Performance

The company has a debt-to-equity ratio of 3.55, a quick ratio of 7.73 and a current ratio of 7.73. The stock’s fifty day moving average price is $20.39 and its 200-day moving average price is $22.97. The firm has a market cap of $8.27 billion and a PE ratio of 28.38.

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Element Fleet Management (OTCMKTS:ELEEF – Get Free Report) last issued its earnings results on Wednesday, May 6th. The company reported $0.35 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.01. Element Fleet Management had a net margin of 23.95% and a return on equity of 23.87%. The company had revenue of $323.52 million for the quarter, compared to analyst estimates of $311.40 million.

About Element Fleet Management

(Get Free Report)

Element Fleet Management (OTCMKTS:ELEEF) is a leading global fleet management company headquartered in Toronto, Ontario. It provides comprehensive fleet leasing and management solutions for corporate and public sector clients, aiming to optimize vehicle acquisition, utilization and disposal strategies. The company focuses on delivering customizable programs that enhance operational efficiency and reduce total cost of ownership for light-, medium- and heavy-duty vehicles across diverse industries.

Element’s service portfolio encompasses full-service leasing and financing, maintenance management, policy administration, telematics and data analytics, fuel management and end-of-lease remarketing.

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