Hertz Global (NYSE:HTZ) Shares Gap Up – What’s Next?

Hertz Global Holdings, Inc. (NYSE:HTZGet Free Report)’s stock price gapped up prior to trading on Tuesday . The stock had previously closed at $4.94, but opened at $5.74. Hertz Global shares last traded at $6.7730, with a volume of 42,131,713 shares changing hands.

Hertz Global Trading Down 7.5%

The firm’s 50-day moving average price is $5.90 and its 200 day moving average price is $6.38. The company has a market capitalization of $1.92 billion, a price-to-earnings ratio of -0.75 and a beta of 2.16.

About Hertz Global

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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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