Element Fleet Management (OTCMKTS:ELEEF – Get Free Report) posted its quarterly earnings results on Tuesday. The company reported $0.35 EPS for the quarter, hitting the consensus estimate of $0.35, Zacks reports. Element Fleet Management had a return on equity of 24.75% and a net margin of 23.33%.
Element Fleet Management Trading Up 0.1%
Shares of OTCMKTS ELEEF traded up $0.01 during mid-day trading on Tuesday, reaching $15.83. 215,674 shares of the company’s stock were exchanged, compared to its average volume of 86,803. The company’s 50-day moving average is $16.88 and its 200-day moving average is $20.92. Element Fleet Management has a 52-week low of $14.65 and a 52-week high of $27.03. The company has a debt-to-equity ratio of 3.54, a quick ratio of 7.47 and a current ratio of 7.47. The firm has a market capitalization of $6.20 billion and a price-to-earnings ratio of 21.39.
Analyst Ratings Changes
A number of equities research analysts recently issued reports on the stock. TD Securities reissued a “buy” rating on shares of Element Fleet Management in a report on Monday, October 19th. Scotiabank reiterated an “outperform” rating on shares of Element Fleet Management in a report on Monday, October 26th. One research analyst has rated the stock with a Strong Buy rating and three have assigned a Buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy”.
Check Out Our Latest Stock Analysis on ELEEF
Element Fleet Management Company Profile
Element Fleet Management Corp. is a Canada-based fleet management company that provides services for organizations operating commercial and corporate vehicles. The company helps clients manage the full vehicle lifecycle, from acquisition and financing to maintenance, accident management, driver safety, remarketing and vehicle replacement.
Its offerings include fleet consulting, telematics and data solutions, fuel and maintenance management, leasing, vehicle procurement, and support for fleet electrification.
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