Hertz Global (NYSE:HTZ) Trading Down 3.8% - Should You Sell?

Key Points

• Hertz Global Holdings' shares fell 3.8% during mid-day trading, reaching a low of $6.17 and last trading at $6.16.
• The stock's trading volume was 91% lower than its average, with only 969,458 shares traded compared to the usual 10,678,875 shares.
• Hertz has a market capitalization of $1.92 billion and operates vehicle rental services under brands such as Hertz, Dollar, and Thrifty across multiple global regions.

Hertz Global Holdings, Inc. (NYSE:HTZ - Get Free Report) shares traded down 3.8% during mid-day trading on Monday . The company traded as low as $6.17 and last traded at $6.16. 969,458 shares were traded during mid-day trading, a decline of 91% from the average session volume of 10,678,875 shares. The stock had previously closed at $6.40.

Hertz Global Stock Performance

The stock has a market capitalization of $2.11 billion, a P/E ratio of -0.82 and a beta of 2.13. The stock has a 50-day simple moving average of $6.21 and a 200 day simple moving average of $5.96.

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.