Element Fleet Management (OTCMKTS:ELEEF) Stock Price Down 0.2% – What’s Next?

by · The Cerbat Gem

Element Fleet Management Corp. (OTCMKTS:ELEEF – Get Free Report) shares traded down 0.2% during mid-day trading on Monday . The company traded as low as $25.81 and last traded at $25.84. 46,313 shares traded hands during mid-day trading, a decline of 30% from the average session volume of 66,119 shares. The stock had previously closed at $25.89.

Analysts Set New Price Targets

A number of analysts have recently commented on ELEEF shares. Raymond James Financial restated a “strong-buy” rating on shares of Element Fleet Management in a report on Thursday, November 13th. National Bankshares reissued an “outperform” rating on shares of Element Fleet Management in a research note on Monday, October 27th. One analyst has rated the stock with a Strong Buy rating and three have given a Buy rating to the stock. Based on data from MarketBeat.com, Element Fleet Management presently has a consensus rating of “Buy”.

Check Out Our Latest Analysis on ELEEF

Element Fleet Management Price Performance

The firm has a 50-day moving average price of $26.24 and a 200-day moving average price of $25.92.

About Element Fleet Management

(Get Free Report)

Element Fleet Management Corp. operates as a fleet management company primarily in Canada, Mexico, Australia, and New Zealand. The company offers end-to-end fleet cars, trucks, and material handling support equipment acquisition; and end-to-end electric vehicle fleet including fleet planning, charging infrastructure solutions, acquisition, financing, maintenance, and remarketing.

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