Hertz Global (NYSE:HTZ) Stock Price Up 1.8% - Time to Buy?

Key Points

• Hertz Global Holdings, Inc. saw its stock price increase by 1.8%, reaching a last traded price of $6.09.
• The company's market capitalization stands at $1.89 billion, with a negative PE ratio of -0.73 and a beta of 2.13, indicating high volatility.
• Hertz operates internationally under multiple brands including Hertz, Dollar, and Thrifty, offering vehicle rentals across various global markets.

Hertz Global Holdings, Inc. (NYSE:HTZ - )'s share price rose 1.8% on Tuesday . The stock traded as high as $6.15 and last traded at $6.09. Approximately 8,259,189 shares were traded during trading, a decline of 24% from the average daily volume of 10,803,372 shares. The stock had previously closed at $5.98.

Hertz Global Stock Performance

The company has a 50 day simple moving average of $6.37 and a two-hundred day simple moving average of $5.85. The firm has a market cap of $1.89 billion, a PE ratio of -0.73 and a beta of 2.13.

Hertz Global Company Profile

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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