Element Fleet Management (OTCMKTS:ELEEF) Sets New 52-Week Low – Should You Sell?

Shares of Element Fleet Management Corp. (OTCMKTS:ELEEF) reached a new 52-week low on Tuesday. The company traded as low as $14.8960 and last traded at $14.9278, with a volume of 1,043 shares trading hands. The stock had previously closed at $15.03.

Element Fleet Management Trading Down 0.1%

The stock has a 50 day moving average of $18.42 and a 200-day moving average of $20.31. The company has a market capitalization of $5.89 billion and a P/E ratio of 20.35. The company has a current ratio of 7.47, a quick ratio of 7.47 and a debt-to-equity ratio of 3.54.

Element Fleet Management (OTCMKTS:ELEEF) last released its earnings results on Wednesday, August 5th. The company reported $0.34 EPS 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 for the quarter, compared to the consensus estimate of $320.07 million.

Element Fleet Management Company Profile

Element Fleet Management Corp. is a Canada-based provider of fleet management services for organizations that operate cars, trucks and other commercial vehicles. The company helps businesses manage the full vehicle lifecycle, from acquisition and financing to maintenance, compliance, driver support and vehicle disposal.

Its services include vehicle sourcing and financing, preventive maintenance, accident and repair management, telematics and fleet data, fuel and sustainability programs, and remarketing.