Hertz Global (NYSE:HTZ) Trading Down 5.3% – Here’s What Happened

Hertz Global Holdings, Inc. (NYSE:HTZGet Free Report) shares dropped 5.3% during mid-day trading on Tuesday . The company traded as low as $5.40 and last traded at $5.4350. Approximately 2,601,965 shares changed hands during mid-day trading, a decline of 76% from the average daily volume of 10,865,189 shares. The stock had previously closed at $5.74.

Hertz Global Stock Down 3.2%

The stock has a market capitalization of $1.65 billion, a P/E ratio of -1.50 and a beta of 2.13. The business has a 50-day simple moving average of $5.38 and a two-hundred day simple moving average of $6.02.

Hertz Global Company Profile

(Get Free Report)

Hertz Global Holdings, Inc (NYSE: HTZ) is a leading provider of mobility solutions, known primarily for its car rental services under the Hertz, Dollar, and Thrifty brands. The company operates a vast network of airport and off-airport locations, serving both leisure and corporate customers. In addition to traditional passenger vehicles, Hertz offers vans, trucks and specialty vehicles, meeting the diverse travel needs of individual and business clients around the world.

Founded in 1918 by Walter L.

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