Hertz Global (NYSE:HTZ) Stock Price Down 3.3%

Hertz Global Holdings, Inc. (NYSE:HTZ)’s stock price 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 changed hands 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 Down 3.3 %

The firm’s 50 day simple moving average is $4.37 and its 200 day simple moving average is $6.85. The company has a market cap of $1.07 billion, a price-to-earnings ratio of -9.28 and a beta of 2.04.

Hertz Global (NYSE:HTZ) last announced its quarterly earnings results on Thursday, April 25th. The company reported ($1.28) EPS for the quarter, missing the consensus estimate of ($0.45) by ($0.83). The business had revenue of $2.08 billion for the quarter, compared to the consensus estimate of $2.02 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.