Hertz Global (OTCMKTS:HTZZ) Shares Down 2.4% – Time to Sell?

Hertz Global Holdings, Inc. (OTCMKTS:HTZZ) shares dropped 2.4% on Wednesday . The company traded as low as $4.88 and last traded at $4.92. Approximately 3,994,207 shares changed hands during trading, an increase of 592% from the average daily volume of 577,139 shares. The stock had previously closed at $5.04.

Hertz Global Trading Down 2.4%

The company has a current ratio of 2.91, a quick ratio of 2.91 and a debt-to-equity ratio of 2.07. The stock has a market capitalization of $2.33 billion and a P/E ratio of 1.31. The business has a 50-day moving average price of $5.30 and a two-hundred day moving average price of $5.57.

Hertz Global Company Profile

Hertz Global Holdings, Inc operates as a vehicle rental and mobility solutions provider, offering a wide range of transportation services to individual and corporate customers. Through its Hertz, Dollar and Thrifty brands, the company provides daily, weekly and monthly car rentals, as well as long-term leasing, fleet management and dedicated account services. Hertz serves leisure travelers, business clients and government entities with passenger cars, SUVs, vans and specialty vehicles, complemented by digital reservation platforms and roadside assistance offerings.

Founded in 1918 in Chicago by Walter L.