Hertz Global (OTCMKTS:HTZZ) Stock Price Down 2% – Here’s What Happened
by Sarita Garza · The Markets DailyHertz Global Holdings, Inc. (OTCMKTS:HTZZ – Get Free Report) was down 2% during mid-day trading on Wednesday . The company traded as low as $1.91 and last traded at $1.93. Approximately 15,435,086 shares traded hands during trading, an increase of 2,574% from the average session volume of 577,139 shares. The stock had previously closed at $1.97.
Hertz Global Price Performance
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 firm’s 50 day moving average is $2.03 and its 200 day moving average is $3.91. The firm has a market cap of $912.29 million and a P/E ratio of 0.51.
Hertz Global Company Profile
Hertz Global Holdings, Inc is a mobility and vehicle-rental company whose principal operations are conducted through the Hertz, Dollar and Thrifty brands. The company provides short-term vehicle rentals to leisure and business customers through airport and neighborhood locations, as well as reservations made through digital channels. Its fleet has included a range of cars, SUVs, vans and other vehicles.
Hertz also operates Firefly, a value-oriented rental brand serving selected markets.