Hertz Global (OTCMKTS:HTZZ) Trading Down 2.4% – What’s Next?

Hertz Global Holdings, Inc. (OTCMKTS:HTZZGet Free Report)’s stock price fell 2.4% during mid-day trading on Wednesday . The stock traded as low as $4.88 and last traded at $4.92. 3,994,207 shares traded hands during mid-day trading, an increase of 592% from the average session volume of 577,139 shares. The stock had previously closed at $5.04.

Hertz Global Price Performance

The company’s 50-day moving average price is $5.30 and its two-hundred day moving average price is $5.57. The company has a debt-to-equity ratio of 2.07, a current ratio of 2.91 and a quick ratio of 2.91. The company has a market capitalization of $2.33 billion and a P/E ratio of 1.31.

About Hertz Global

(Get Free Report)

Hertz Global Holdings, Inc operates as a vehicle rental and mobility solutions provider, offering a wide range of transportation services to individual and corporate customers. Through its Hertz, Dollar and Thrifty brands, the company provides daily, weekly and monthly car rentals, as well as long-term leasing, fleet management and dedicated account services. Hertz serves leisure travelers, business clients and government entities with passenger cars, SUVs, vans and specialty vehicles, complemented by digital reservation platforms and roadside assistance offerings.

Founded in 1918 in Chicago by Walter L.

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