Hertz Global (OTCMKTS:HTZZ) Stock Price Up 12.4% – Still a Buy?

Hertz Global Holdings, Inc. (OTCMKTS:HTZZ)’s stock price shot up 12.4% during mid-day trading on Thursday . The company traded as high as $5.20 and last traded at $5.18. 10,915,319 shares were traded during trading, an increase of 1,791% from the average session volume of 577,139 shares. The stock had previously closed at $4.61.

Hertz Global Stock Performance

The company has a quick ratio of 2.91, a current ratio of 2.91 and a debt-to-equity ratio of 2.07. The company has a fifty day moving average price of $4.67 and a 200 day moving average price of $5.30. The stock has a market cap of $2.45 billion and a PE ratio of 1.38.

Hertz Global Company Profile

Hertz Global Holdings, Inc operates as a vehicle rental and mobility solutions provider, offering a wide range of transportation services to individual and corporate customers. Through its Hertz, Dollar and Thrifty brands, the company provides daily, weekly and monthly car rentals, as well as long-term leasing, fleet management and dedicated account services. Hertz serves leisure travelers, business clients and government entities with passenger cars, SUVs, vans and specialty vehicles, complemented by digital reservation platforms and roadside assistance offerings.

Founded in 1918 in Chicago by Walter L.