Hertz Global (NYSE:HTZ) Shares Up 7.2% – Still a Buy?

Shares of Hertz Global Holdings, Inc. (NYSE:HTZGet Free Report) shot up 7.2% during trading on Wednesday . The company traded as high as $3.96 and last traded at $3.99. 2,363,551 shares changed hands during mid-day trading, a decline of 62% from the average session volume of 6,208,978 shares. The stock had previously closed at $3.72.

Hertz Global Price Performance

The company’s 50-day moving average is $4.04 and its two-hundred day moving average is $3.78. The firm has a market cap of $1.21 billion, a P/E ratio of -0.42 and a beta of 2.44.

Hertz Global Company Profile

(Get Free Report)

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.

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