Localiza Rent a Car S.A. (OTCMKTS:LZRFY – Get Free Report) was the target of a large decrease in short interest during the month of October. As of October 30th, there was short interest totaling 2,063 shares, a decrease of 92.0% from the October 15th total of 25,896 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 149,362 shares, the days-to-cover ratio is presently 0.0 days.
Wall Street Analyst Weigh In
Separately, Zacks Research upgraded Localiza Rent a Car from a “strong sell” rating to a “hold” rating in a research report on Wednesday, October 14th. One investment analyst has rated the stock with a Hold rating. According to MarketBeat, the company has a consensus rating of “Hold”.
Get Our Latest Analysis on Localiza Rent a Car
Localiza Rent a Car Stock Up 2.4%
OTCMKTS LZRFY traded up $0.13 during trading hours on Wednesday, reaching $5.45. 2,241 shares of the company’s stock traded hands, compared to its average volume of 46,338. Localiza Rent a Car has a 52-week low of $4.95 and a 52-week high of $11.76. The company has a debt-to-equity ratio of 1.48, a current ratio of 1.23 and a quick ratio of 1.23. The firm has a 50-day simple moving average of $7.87 and a 200 day simple moving average of $8.41. The firm has a market cap of $5.78 billion and a PE ratio of 9.08.
Localiza Rent a Car Company Profile
Localiza Rent a Car S.A. is a Brazil-based mobility company that provides vehicle rental and transportation-related services through the Localiza brand. Its core business includes short-term car rentals for individual, business, and leisure customers, supported by a broad network of rental locations serving major airports, cities, and travel destinations. The company also operates in fleet management and long-term vehicle rentals, providing vehicles and related services to corporate customers. Through Localiza Seminovos, it sells previously rented vehicles and other used cars.
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