Shares of Hertz Global Holdings, Inc. (NYSE:HTZ – Get Free Report) were down 4.5% during trading on Wednesday . The stock traded as low as $3.34 and last traded at $3.38. Approximately 815,415 shares changed hands during mid-day trading, a decline of 88% from the average daily volume of 6,746,591 shares. The stock had previously closed at $3.54.
Hertz Global Stock Down 5.1 %
The company has a market capitalization of $1.03 billion, a P/E ratio of -8.62 and a beta of 2.01. The company’s 50-day simple moving average is $3.45 and its 200 day simple moving average is $4.65.
Hertz Global (NYSE:HTZ – Get Free Report) last issued its quarterly earnings data on Thursday, August 1st. The company reported ($1.44) earnings per share for the quarter, missing analysts’ consensus estimates of ($1.21) by ($0.23). The firm had revenue of $2.35 billion for the quarter, compared to analyst estimates of $2.48 billion.
Hertz Global Company Profile
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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