Shares of Hertz Global Holdings, Inc. (NYSE:HTZ – Get Free Report) shot up 7.3% during trading on Thursday . The company traded as high as $3.67 and last traded at $3.67. 840,124 shares were traded during trading, a decline of 88% from the average session volume of 7,091,961 shares. The stock had previously closed at $3.42.
Hertz Global Stock Performance
The firm has a market capitalization of $1.16 billion, a price-to-earnings ratio of -9.72 and a beta of 2.04. The business has a fifty day moving average price of $4.21 and a 200 day moving average price of $6.59.
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 for the quarter, missing analysts’ consensus estimates of ($0.45) by ($0.83). The company had revenue of $2.08 billion for the quarter, compared to analysts’ expectations 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.
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