Hertz Global (NYSE:HTZ) Trading 8.1% Higher – Time to Buy?

Hertz Global Holdings, Inc. (NYSE:HTZGet Free Report)’s share price was up 8.1% on Wednesday . The company traded as high as $5.73 and last traded at $5.8290. Approximately 1,350,133 shares traded hands during mid-day trading, a decline of 73% from the average daily volume of 5,073,667 shares. The stock had previously closed at $5.39.

Hertz Global Stock Performance

The firm has a market capitalization of $1.82 billion, a price-to-earnings ratio of -1.66 and a beta of 2.13. The company has a 50-day moving average price of $5.32 and a 200-day moving average price of $5.86.

About Hertz Global

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Hertz Global Holdings, Inc (NYSE: HTZ) is a leading provider of mobility solutions, known primarily for its car rental services under the Hertz, Dollar, and Thrifty brands. The company operates a vast network of airport and off-airport locations, serving both leisure and corporate customers. In addition to traditional passenger vehicles, Hertz offers vans, trucks and specialty vehicles, meeting the diverse travel needs of individual and business clients around the world.

Founded in 1918 by Walter L.

Further Reading

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