Hertz Global Holdings, Inc. (NYSE:HTZ – Get Free Report) shares fell 3.2% on Thursday . The stock traded as low as $3.53 and last traded at $3.58. 1,558,333 shares traded hands during mid-day trading, a decline of 77% from the average session volume of 6,755,815 shares. The stock had previously closed at $3.70.
Hertz Global Price Performance
The stock’s 50 day simple moving average is $3.48 and its two-hundred day simple moving average is $4.74. The company has a market capitalization of $1.01 billion, a P/E ratio of -8.49 and a beta of 2.00.
Hertz Global (NYSE:HTZ – Get Free Report) last posted its quarterly earnings data on Thursday, August 1st. The company reported ($1.44) earnings per share for the quarter, missing the consensus estimate of ($1.21) by ($0.23). The company had revenue of $2.35 billion for the quarter, compared to analysts’ expectations of $2.48 billion.
Hertz Global Company Profile
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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