Shares of Hertz Global Holdings, Inc. (NYSE:HTZ – Get Free Report) dropped 4.6% on Wednesday . The company traded as low as $2.47 and last traded at $2.50. Approximately 3,133,784 shares were traded during mid-day trading, a decline of 54% from the average daily volume of 6,748,409 shares. The stock had previously closed at $2.62.
Hertz Global Trading Up 1.9 %
The firm has a 50 day moving average price of $3.54 and a 200-day moving average price of $4.95. The firm has a market cap of $816.52 million, a price-to-earnings ratio of -6.72 and a beta of 2.01.
Hertz Global (NYSE:HTZ – Get Free Report) last announced its earnings results on Thursday, August 1st. The company reported ($1.44) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($1.21) by ($0.23). The business had revenue of $2.35 billion for the quarter, compared to the consensus estimate of $2.48 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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