Hertz Global Holdings, Inc. (NYSE:HTZ – Get Free Report)’s share price fell 11.4% during mid-day trading on Wednesday . The company traded as low as $5.86 and last traded at $5.9650. 7,312,564 shares traded hands during trading, a decline of 34% from the average session volume of 11,134,249 shares. The stock had previously closed at $6.73.
Hertz Global Stock Performance
The firm has a market cap of $2.01 billion, a price-to-earnings ratio of -0.78 and a beta of 2.16. The stock’s 50 day simple moving average is $5.88 and its 200-day simple moving average is $6.38.
Hertz Global Company Profile
Hertz Global Holdings, Inc operates as a vehicle rental company. The company operates through two segments, Americas Rental Car and International Rental Car. It offers vehicle rental services under the Hertz, Dollar, and Thrifty brands from company-operated, licensee, and franchisee locations in the United States, Africa, Asia, Australia, Canada, the Caribbean, Europe, Latin America, the Middle East, and New Zealand.
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