New Lifetime High Reached By Fleetcor Technologies (FLT)

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Trade-Ideas LLC identified Fleetcor Technologies ( FLT) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Fleetcor Technologies as such a stock due to the following factors:

  • FLT has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $126.8 million.
  • FLT has traded 5,032 shares today.
  • FLT is trading at a new lifetime high.

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More details on FLT:

FleetCor Technologies, Inc. provides fuel cards and workforce payment products and services in North America, Latin America, Europe, Australia, and New Zealand. FLT has a PE ratio of 40.5. Currently there are 2 analysts that rate Fleetcor Technologies a buy, no analysts rate it a sell, and 3 rate it a hold.

The average volume for Fleetcor Technologies has been 620,600 shares per day over the past 30 days. Fleetcor has a market cap of $12.2 billion and is part of the services sector and diversified services industry. The stock has a beta of 1.05 and a short float of 0.6% with 0.52 days to cover. Shares are up 26.8% year-to-date as of the close of trading on Tuesday.

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