Hertz Global (NYSE:HTZ) Stock Price Down 4.8% – Should You Sell?

Hertz Global Holdings, Inc. (NYSE:HTZGet Free Report) shares were down 4.8% on Thursday . The company traded as low as $5.23 and last traded at $5.2250. Approximately 2,899,313 shares traded hands during trading, a decline of 74% from the average daily volume of 11,013,890 shares. The stock had previously closed at $5.49.

Hertz Global Trading Down 5.5%

The firm has a market capitalization of $1.62 billion, a P/E ratio of -1.47 and a beta of 2.13. The stock’s 50-day simple moving average is $5.49 and its 200-day simple moving average is $6.11.

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.

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