Hertz Global (NYSE:HTZ) Stock Price Down 0.4% - Time to Sell?

Key Points

• Hertz Global Holdings (NYSE:HTZ) saw a stock price decline of 0.4% during trading, closing at $6.77 after reaching a low of $6.69.
• The company has a market capitalization of $2.10 billion and operates a price-to-earnings ratio of -0.82, indicating a challenging financial performance.
• Hertz functions as a vehicle rental company with a presence across various global regions, operating under major brands like Hertz, Dollar, and Thrifty.

Hertz Global Holdings, Inc. (NYSE:HTZ - ) dropped 0.4% during trading on Wednesday . The stock traded as low as $6.69 and last traded at $6.77. Approximately 9,878,890 shares changed hands during trading, a decline of 7% from the average daily volume of 10,635,429 shares. The stock had previously closed at $6.80.

Hertz Global Stock Down 0.4%

The stock has a market cap of $2.10 billion, a price-to-earnings ratio of -0.82 and a beta of 2.13. The company has a 50 day simple moving average of $6.07 and a 200 day simple moving average of $6.12.

About Hertz Global

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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