Hertz Global (NYSE:HTZ) Trading 1.8% Higher - Still a 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.

Shares of Hertz Global Holdings, Inc. (NYSE:HTZ - Get Free Report) rose 1.8% on Tuesday . The company 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 firm has a market capitalization of $1.99 billion, a price-to-earnings ratio of -0.77 and a beta of 2.13. The business has a fifty day moving average of $6.30 and a two-hundred day moving average of $5.90.

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.