Hertz Global (NYSE:HTZ) Shares Down 9.4% – Should You Sell?

Hertz Global Holdings, Inc. (NYSE:HTZGet Free Report) dropped 9.4% on Friday . The stock traded as low as $5.27 and last traded at $5.24. Approximately 6,100,027 shares traded hands during mid-day trading, a decline of 42% from the average daily volume of 10,588,529 shares. The stock had previously closed at $5.78.

Hertz Global Stock Performance

The stock has a market cap of $1.62 billion, a PE ratio of -0.63 and a beta of 2.16. The company’s 50 day simple moving average is $5.92 and its 200 day simple moving average is $6.31.

Hertz Global Company Profile

(Get Free Report)

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.

Further Reading

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