Hertz Global (OTCMKTS:HTZZ) Trading Down 2.6% – What’s Next?

Shares of Hertz Global Holdings, Inc. (OTCMKTS:HTZZGet Free Report) traded down 2.6% during trading on Monday . The company traded as low as $5.46 and last traded at $5.53. 4,088,034 shares changed hands during mid-day trading, an increase of 608% from the average session volume of 577,139 shares. The stock had previously closed at $5.68.

Hertz Global Stock Down 2.6%

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 firm has a market cap of $2.61 billion and a P/E ratio of 1.47. The stock’s fifty day moving average is $5.30 and its two-hundred day moving average is $5.83.

About Hertz Global

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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.

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