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

Element Fleet Management Corp. (OTCMKTS:ELEEF) fell 0.2% during trading on Monday . The company traded as low as $25.81 and last traded at $25.84. 46,313 shares were traded 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

Several analysts have issued reports on ELEEF shares. National Bankshares reaffirmed an “outperform” rating on shares of Element Fleet Management in a report on Monday, October 27th. Raymond James Financial reissued a “strong-buy” rating on shares of Element Fleet Management in a research note on Thursday, November 13th. One analyst has rated the stock with a Strong Buy rating and three have assigned a Buy rating to the company’s stock. Based on data from MarketBeat.com, Element Fleet Management currently has a consensus rating of “Buy”.

Element Fleet Management Stock Down 0.2%

The company’s 50 day simple moving average is $26.24 and its 200 day simple moving average is $25.90.

Element Fleet Management Company Profile

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.