Element Fleet Management Corp. (TSE:EFN) Senior Officer Laura Lee Dottori-Attanasio Buys 18,000 Shares

Element Fleet Management Corp. (TSE:EFN - Get Free Report) Senior Officer Laura Lee Dottori-Attanasio bought 18,000 shares of Element Fleet Management stock in a transaction that occurred on Tuesday, March 4th. The stock was bought at an average cost of C$27.78 per share, for a total transaction of C$499,991.40.

Laura Lee Dottori-Attanasio also recently made the following trade(s):

• On Monday, December 23rd, Laura Lee Dottori-Attanasio bought 2,500 shares of Element Fleet Management stock. The stock was bought at an average cost of C$28.78 per share, for a total transaction of C$71,950.00.
• On Friday, December 13th, Laura Lee Dottori-Attanasio bought 10,500 shares of Element Fleet Management stock. The stock was bought at an average cost of C$28.70 per share, for a total transaction of C$301,350.00.

Element Fleet Management Stock Performance

Shares of EFN traded up C$0.14 during mid-day trading on Friday, reaching C$28.18. 552,278 shares of the company's stock traded hands, compared to its average volume of 551,700. The business's 50-day moving average price is C$28.72 and its 200-day moving average price is C$28.71. The stock has a market capitalization of C$8.08 billion, a P/E ratio of 23.39, a price-to-earnings-growth ratio of 2.97 and a beta of 0.91. The company has a debt-to-equity ratio of 303.64, a quick ratio of 5.70 and a current ratio of 7.04. Element Fleet Management Corp. has a 12 month low of C$21.20 and a 12 month high of C$30.49.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the company. Jefferies Financial Group lowered Element Fleet Management from a "buy" rating to a "hold" rating and reduced their price target for the stock from C$32.00 to C$30.00 in a research note on Friday, November 15th. CIBC increased their price target on Element Fleet Management from C$33.00 to C$34.00 and gave the stock an "outperform" rating in a research note on Thursday, January 30th. Scotiabank reduced their price target on Element Fleet Management from C$33.00 to C$32.00 in a research note on Thursday, November 14th. National Bankshares reduced their price target on 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, TD Securities increased their price target on Element Fleet Management from C$32.00 to C$33.00 and gave the stock a "buy" rating in a research note on Thursday, November 14th. One research analyst has rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Buy" and a consensus price target of C$34.00.

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Element Fleet Management Company Profile

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.