Hertz Global (OTCMKTS:HTZZ) Trading Down 3.2% - What's Next?

Key Points

• Hertz Global Holdings stock price fell by 3.2%, trading between $7.54 and $7.65, with a significant trading volume increase of 885% compared to its average daily volume.
• The company has a debt-to-equity ratio of 2.07 and a current ratio of 2.91, indicating how it manages its financial obligations.
• Hertz operates under various brands such as Hertz, Dollar, and Thrifty, providing rental services from approximately 12,000 locations globally.

Hertz Global Holdings, Inc. (OTCMKTS:HTZZ - )'s stock price dropped 3.2% during mid-day trading on Friday . The stock traded as low as $7.54 and last traded at $7.65. Approximately 5,683,184 shares were traded during mid-day trading, an increase of 885% from the average daily volume of 577,139 shares. The stock had previously closed at $7.90.

Hertz Global Stock Performance

The company has a debt-to-equity ratio of 2.07, a current ratio of 2.91 and a quick ratio of 2.91. The firm has a 50-day simple moving average of $6.88 and a 200-day simple moving average of $5.46.

About Hertz Global

Hertz Global Holdings, Inc, together with its subsidiaries, provides airport and off airport vehicle rental and leasing services. It operates through three segments: U.S. RAC, International RAC, and All Other Operations. The company provides its vehicle rental services under the Hertz, Dollar, Thrifty, Firefly, and Flexicar brands from approximately 12,000 corporate and franchisee locations in North America, Europe, Latin America, Africa, Asia, Australia, the Caribbean, the Middle East, and New Zealand.

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