Element Fleet Management (OTCMKTS:ELEEF) Stock Price Down 1.2% – What’s Next?

Shares of Element Fleet Management Corp. (OTCMKTS:ELEEF) were down 1.2% on Tuesday . The company traded as low as $24.42 and last traded at $24.58. Approximately 988 shares were traded during trading, a decline of 96% from the average daily volume of 26,636 shares. The stock had previously closed at $24.89.

Analyst Ratings Changes

Several analysts have commented on the stock. National Bankshares reissued an “outperform” rating on shares of Element Fleet Management in a research report on Monday, October 27th. Raymond James Financial reiterated a “strong-buy” rating on shares of Element Fleet Management in a research note on Thursday, November 13th. One research analyst has rated the stock with a Strong Buy rating and three have issued a Buy rating to the stock. According to data from MarketBeat, Element Fleet Management has an average rating of “Buy”.

Element Fleet Management Trading Down 1.2%

The company’s fifty day moving average price is $25.86 and its 200-day moving average price is $26.20.

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.