Hertz Global (NYSE:HTZ) Trading 11.1% Higher – Here’s What Happened

Hertz Global Holdings, Inc. (NYSE:HTZ)’s stock price was up 11.1% during mid-day trading on Monday . The company traded as high as $5.64 and last traded at $5.7240. Approximately 1,819,347 shares changed hands during mid-day trading, a decline of 83% from the average daily volume of 10,844,322 shares. The stock had previously closed at $5.15.

Hertz Global Price Performance

The firm has a 50-day moving average of $5.38 and a 200 day moving average of $6.02. The stock has a market capitalization of $1.65 billion, a price-to-earnings ratio of -1.50 and a beta of 2.13.

About Hertz Global

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.