Localiza Rent a Car S.A. (OTCMKTS:LZRFY – Get Free Report)’s stock price dropped 8.1% during trading on Thursday . The stock traded as low as $8.9350 and last traded at $8.9650. Approximately 54,444 shares traded hands during mid-day trading, an increase of 200% from the average daily volume of 18,149 shares. The stock had previously closed at $9.76.
Localiza Rent a Car Stock Performance
The firm’s 50-day moving average is $9.24 and its 200-day moving average is $8.14.
Localiza Rent a Car Company Profile
Localiza Rent a Car (OTCMKTS:LZRFY) is a leading mobility solutions provider headquartered in Belo Horizonte, Brazil. Founded in 1973, the company has built a strong reputation in the car rental industry, offering a broad range of services to both leisure and corporate customers. Over the decades, Localiza has expanded its footprint to become one of Latin America’s largest car rental and fleet management operators.
The company’s core activities include short- and long-term vehicle rentals, fleet management services and the sale of used vehicles.
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