Hertz Global (NYSE:HTZ) Stock Price Down 10.7% – What’s Next?

Hertz Global Holdings, Inc. (NYSE:HTZGet Free Report)’s share price was down 10.7% during trading on Thursday . The stock traded as low as $4.74 and last traded at $4.7350. Approximately 3,558,525 shares changed hands during mid-day trading, a decline of 31% from the average daily volume of 5,125,741 shares. The stock had previously closed at $5.30.

Hertz Global Stock Down 12.9%

The firm has a market capitalization of $1.44 billion, a P/E ratio of -1.31 and a beta of 2.12. The business has a 50-day moving average price of $5.29 and a 200-day moving average price of $5.56.

Hertz Global Company Profile

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Hertz Global Holdings, Inc (NYSE: HTZ) is a leading provider of mobility solutions, known primarily for its car rental services under the Hertz, Dollar, and Thrifty brands. The company operates a vast network of airport and off-airport locations, serving both leisure and corporate customers. In addition to traditional passenger vehicles, Hertz offers vans, trucks and specialty vehicles, meeting the diverse travel needs of individual and business clients around the world.

Founded in 1918 by Walter L.

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