Element Fleet Management Corp. (TSE:EFN - Get Free Report) Senior Officer Carlos David Madrigal Gonzalez purchased 2,107 shares of Element Fleet Management stock in a transaction that occurred on Thursday, March 13th. The shares were purchased at an average cost of C$27.06 per share, with a total value of C$57,010.36.
Element Fleet Management Trading Up 0.3 %
TSE:EFN traded up C$0.08 during mid-day trading on Tuesday, hitting C$27.73. 474,594 shares of the stock traded hands, compared to its average volume of 562,119. The stock has a market capitalization of C$7.95 billion, a price-to-earnings ratio of 23.01, a PEG ratio of 2.97 and a beta of 0.91. Element Fleet Management Corp. has a 52 week low of C$21.20 and a 52 week high of C$30.49. The firm's 50 day moving average is C$28.54 and its two-hundred day moving average is C$28.73. The company has a quick ratio of 5.70, a current ratio of 7.04 and a debt-to-equity ratio of 303.64.
Analysts Set New Price Targets
A number of research firms have commented on EFN. CIBC lifted their target price on shares of Element Fleet Management from C$33.00 to C$34.00 and gave the stock an "outperform" rating in a research report on Thursday, January 30th. National Bankshares lowered their target price on shares of Element Fleet Management from C$41.00 to C$40.00 and set an "outperform" rating on the stock in a research note on Thursday, February 27th. Finally, Raymond James boosted their price target on shares of Element Fleet Management from C$34.00 to C$36.00 in a research note on Friday, February 28th. One analyst has rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Element Fleet Management has a consensus rating of "Buy" and a consensus price target of C$34.00.
Check Out Our Latest Stock Analysis on Element Fleet Management
Element Fleet Management Company Profile
(
Get Free Report)
Element Financial separated into two independent public companies in October 2016. The former company now consists of Element Fleet Management, a global fleet management company, and ECN Capital, a commercial finance company. Element Fleet Management provides management services and financing for commercial vehicle and equipment fleets.
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