Element Fleet Management (OTCMKTS:ELEEF) Shares Up 1.7% – Should You Buy?

Element Fleet Management Corp. (OTCMKTS:ELEEFGet Free Report) rose 1.7% during trading on Tuesday . The stock traded as high as $22.82 and last traded at $22.82. 12,093 shares were traded during trading, a decline of 88% from the average session volume of 105,006 shares. The stock had previously closed at $22.43.

Element Fleet Management Price Performance

The business’s fifty day moving average price is $20.46 and its 200 day moving average price is $22.49. The company has a debt-to-equity ratio of 3.55, a current ratio of 7.73 and a quick ratio of 7.73. The stock has a market cap of $8.99 billion and a P/E ratio of 30.84.

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

Element Fleet Management Company Profile

(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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