Shares of Hertz Global Holdings, Inc. (NYSE:HTZ – Get Free Report) fell 3.3% during trading on Wednesday . The stock traded as low as $3.48 and last traded at $3.50. 6,145,023 shares were traded during mid-day trading, a decline of 14% from the average session volume of 7,186,530 shares. The stock had previously closed at $3.62.
Hertz Global Stock Performance
The stock has a market capitalization of $1.07 billion, a P/E ratio of -9.28 and a beta of 2.04. The firm’s fifty day simple moving average is $4.37 and its 200 day simple moving average is $6.85.
Hertz Global (NYSE:HTZ – Get Free Report) last announced its quarterly earnings results on Thursday, April 25th. The company reported ($1.28) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.45) by ($0.83). The company had revenue of $2.08 billion for the quarter, compared to the consensus estimate of $2.02 billion.
About Hertz Global
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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