Element Fleet Management (OTCMKTS:ELEEF) Hits New 12-Month Low – Here’s Why

Element Fleet Management Corp. (OTCMKTS:ELEEF)’s stock price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $18.40 and last traded at $18.40, with a volume of 206 shares. The stock had previously closed at $19.14.

Element Fleet Management Stock Performance

The stock has a market cap of $7.22 billion and a PE ratio of 24.93. 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 50 day moving average price of $20.75 and a 200 day moving average price of $21.44.

Element Fleet Management (OTCMKTS:ELEEF) last issued its earnings results on Wednesday, August 5th. The company reported $0.34 earnings per share (EPS) for the quarter, missing the consensus estimate 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 business had revenue of $318.09 million for the quarter, compared to the consensus estimate of $320.07 million.

About Element Fleet Management

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.