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Element Fleet Management Corp T.EFN

Alternate Symbol(s):  ELEEF

Element Fleet Management Corp. is a Canada-based fleet solutions providers. It operates as a pure-play automotive fleet manager. The Company offers a full range of fleet services and solutions to corporations, governments and not for profits across North America, Australia, and New Zealand. Its services address every aspect of clients' fleet requirements, from vehicle acquisition, maintenance, accidents and remarketing, to integrating electric vehicles' (EV) and managing the complexity of gradual fleet electrification. It offers a range of fleet solutions consisting of cost management; driver productivity and vehicle uptime; fleet electrification, lease vs ownership, sale leaseback, and others. Its fleet types include global; government and public sector; material handling equipment; sales, and heavy trucks. It offers fleet solutions to various industries, such as construction; energy, oil and gas; food and beverage; healthcare; services; transportation, and utilities.


TSX:EFN - Post by User

Post by ERTguyon Jul 28, 2017 7:39pm
194 Views
Post# 26524075

Closed right at the 50 day.

Closed right at the 50 day.This stock is showing great buying strength despite the idiotic downgrade today.    I'm going to start scaling back other positions and increasing my stake in this stock.  It's extremely hard to find an unjustly beaten down company at market highs that is performing well and I think this one is just that.    This still hasn't even recovered from the muddy waters downgrade yet which is crazy, but I think the bottoming process is complete here.  There has been repeat tests of support all week which has been met with significant buying pressure.  
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