Hertz Global (NYSE:HTZ) Trading 4.8% Higher - Here's What Happened

Key Points

• Hertz Global Holdings Inc. (NYSE:HTZ) saw a stock increase of 4.8% on a Thursday trading session, reaching a high of $5.20 before closing at $5.19.
• The company has a market capitalization of $1.61 billion and trades with a P/E ratio of -0.63, indicating it has reported losses.
• Hertz operates as a vehicle rental company and provides services under several brands, including Hertz, Dollar, and Thrifty, across various global locations.

Hertz Global Holdings, Inc. (NYSE:HTZ - ) traded up 4.8% on Thursday . The stock traded as high as $5.20 and last traded at $5.19. 8,501,214 shares changed hands during trading, a decline of 20% from the average session volume of 10,610,485 shares. The stock had previously closed at $4.95.

Hertz Global Trading Up 4.8%

The stock has a market cap of $1.61 billion, a P/E ratio of -0.63 and a beta of 2.16. The company has a 50-day moving average price of $5.90 and a two-hundred day moving average price of $6.32.

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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