Element Fleet Management Corp. (TSE:EFN) Senior Officer Acquires C$57,010.36 in Stock

Element Fleet Management Corp. (TSE:EFNGet Free Report) Senior Officer Carlos David Madrigal Gonzalez bought 2,107 shares of the company’s stock in a transaction on Thursday, March 13th. The shares were acquired at an average price of C$27.06 per share, with a total value of C$57,010.36.

Element Fleet Management Stock Performance

Shares of TSE:EFN opened at C$27.54 on Monday. The company has a market capitalization of C$7.89 billion, a price-to-earnings ratio of 22.86, a price-to-earnings-growth 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 company has a quick ratio of 5.70, a current ratio of 7.04 and a debt-to-equity ratio of 303.64. The firm has a 50 day moving average of C$28.57 and a 200 day moving average of C$28.73.

Wall Street Analyst Weigh In

EFN has been the subject of a number of research reports. Raymond James boosted their price target on Element Fleet Management from C$34.00 to C$36.00 in a report on Friday, February 28th. National Bankshares lowered their price target on Element Fleet Management from C$41.00 to C$40.00 and set an “outperform” rating for the company in a report on Thursday, February 27th. Finally, CIBC boosted their price target on Element Fleet Management from C$33.00 to C$34.00 and gave the company an “outperform” rating in a report on Thursday, January 30th. One analyst has rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of C$34.00.

Check Out Our Latest Analysis on Element Fleet Management

About Element Fleet Management

(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.

Further Reading

Insider Buying and Selling by Quarter for Element Fleet Management (TSE:EFN)

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