Several other equities analysts also recently commented on the company. Stephens downgraded Element Fleet Management from an overweight rating to a hold rating in a report on Wednesday. TD Securities reiterated a buy rating on shares of Element Fleet Management in a report on Tuesday.
ELEEF stock traded down $0.06 during midday trading on Wednesday, hitting $5.91. 1,150 shares of the company traded hands, compared to its average volume of 49,297. Element Fleet Management has a twelve month low of $2.60 and a twelve month high of $8.22.
Element Fleet Management Corp. operates as a fleet management company in Canada, the United States, and internationally. The company offers fleet management services, including acquisition, financing, program management, and remarketing services for cars and light duty vehicles, medium and heavy duty trucks, material handling equipment, automobiles, and specialty vehicles and equipment, as well as corporate, municipal, and industrial fleets.
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