Element Fleet Management (OTCMKTS:ELEEF) Trading Up 9.8% – What’s Next?

Element Fleet Management Corp. (OTCMKTS:ELEEF)’s share price rose 9.8% during mid-day trading on Tuesday . The stock traded as high as $26.7650 and last traded at $26.7650. Approximately 148 shares traded hands during trading, a decline of 100% from the average daily volume of 68,288 shares. The stock had previously closed at $24.37.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. National Bankshares restated an “outperform” rating on shares of Element Fleet Management in a research report on Monday, October 27th. Raymond James Financial reaffirmed a “strong-buy” rating on shares of Element Fleet Management in a research note on Thursday, November 13th. One equities research analyst has rated the stock with a Strong Buy rating and three have assigned a Buy rating to the company’s stock. According to MarketBeat, Element Fleet Management presently has an average rating of “Buy”.

Element Fleet Management Stock Down 0.0%

The business has a 50 day moving average of $26.24 and a 200 day moving average of $26.09.

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.