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

In market activity today, shares of Element Fleet Management Corp opened at $25.75 and closed at $25.50. Intraday prices ranged from a low of $25.22 to a high of $25.75.

Shares eased -1.70 percent from the previous day's close of $25.94.

During the day across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -1.84% at 5346.56, the Dow Jones Industrial Average closed -1.51% at 39737.26 and the Nasdaq Composite closed -2.43% at 16776.16.

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

Trading volume was 413,982 on 2,314 total trades, with an average volume of 476,269 in the last five days.

Trading across the entire TSX saw 432 price advancers against 4,843 declines and 43 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, the shares have gained 21.20 percent in 52 weeks, while they have boosted 18.27% 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 $9.91 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.

Based on 8.00 analysts, Element Fleet Management Corp gets an average recommendation of "Strong Buy" according to Zacks. From those 8 analysts, 8 have buy ratings.

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..