Element Fleet Management (OTCMKTS:ELEEF) Trading 1.7% Higher – Here’s What Happened

Element Fleet Management Corp. (OTCMKTS:ELEEF)’s share price traded up 1.7% on Tuesday . The company traded as high as $22.82 and last traded at $22.82. Approximately 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 company’s 50-day moving average is $20.46 and its 200-day moving average is $22.49. The firm has a market cap of $8.99 billion and a price-to-earnings ratio of 30.84. The company has a current ratio of 7.73, a quick ratio of 7.73 and a debt-to-equity ratio of 3.55.

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

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.