Closing Bell: Element Fleet Management Corp down on Wednesday (EFN)

Today, Element Fleet Management Corp shares closed at $26.41 after opening the day at $26.73. Intraday prices ranged from $26.26 to $26.78.

Share prices dipped -0.23% from the previous day's close of $26.47.

During the day across North America, the TSX Composite closed 1.25% at 23110.81, the S&P 500 closed -0.50% at 5436.44, the Dow Jones Industrial Average closed 0.50% at 40743.33 and the Nasdaq Composite closed -1.28% at 17147.42.

Element Fleet Management Corp traded under EFN on the Toronto Stock Exchange (TSX).

Trading volume was 694,424 on 1,765 total trades, while having an average volume of 383,743 in the last five days.

The TSX overall saw 3,418 price advancers against 1,773 declines and 138 unchanged.

During the prior 52 weeks, EFN.TO has traded as high as $26.92 (July 23,2024) and low as $18.50 (October 23,2023). Moreover, in the last 12 months, Element Fleet Management Corp's shares have advanced 23.24%, while they have boosted 22.50% year-to-date.

It announced a 0.12 dividend on May 14/24, with an June 28/24 ex-date and July 15/24 pay day.

Following today's trading, Element Fleet Management Corp has a market capitalization of $10.29 billion on a float of 388,752 shares outstanding. Its annual EPS is $0.89.

Element Fleet Management Corp is a TSX Rental & Leasing Services company headquartered in Toronto, CAN.

Element Fleet Management Corp's average recommendation is "Strong Buy" based on 8.00 analysts according to Zacks. Currently, there are 8 buy ratings for the stock.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..