Hertz Global (OTCMKTS:HTZZ) Trading 12.4% Higher - Here's Why

Key Points

• Hertz Global (OTCMKTS:HTZZ) jumped 12.4% to $5.18 on Thursday, with trading volume of 10,915,319 shares, roughly 1,791% above its average session volume.
• The company shows a market capitalization of $2.45 billion and a PE ratio of 1.38, with a current and quick ratio of 2.91 and a debt-to-equity ratio of 2.07.
• Hertz operates the Hertz, Dollar and Thrifty brands, providing car rentals, long-term leasing, fleet management and other mobility solutions to leisure, business and government customers.

Hertz Global Holdings, Inc. (OTCMKTS:HTZZ - Get Free Report) traded up 12.4% on Thursday . The company traded as high as $5.20 and last traded at $5.18. 10,915,319 shares traded hands during trading, an increase of 1,791% from the average session volume of 577,139 shares. The stock had previously closed at $4.61.

Hertz Global Price Performance

The company has a current ratio of 2.91, a quick ratio of 2.91 and a debt-to-equity ratio of 2.07. The stock has a market capitalization of $2.45 billion and a PE ratio of 1.38. The business has a fifty day moving average price of $4.67 and a 200-day moving average price of $5.30.

Hertz Global Company Profile

Hertz Global Holdings, Inc operates as a vehicle rental and mobility solutions provider, offering a wide range of transportation services to individual and corporate customers. Through its Hertz, Dollar and Thrifty brands, the company provides daily, weekly and monthly car rentals, as well as long-term leasing, fleet management and dedicated account services. Hertz serves leisure travelers, business clients and government entities with passenger cars, SUVs, vans and specialty vehicles, complemented by digital reservation platforms and roadside assistance offerings.

Founded in 1918 in Chicago by Walter L.

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