Hertz Global (OTCMKTS:HTZZ) Stock Price Up 15.1% – Here’s What Happened

Hertz Global Holdings, Inc. (OTCMKTS:HTZZ – Get Free Report)’s share price rose 15.1% during mid-day trading on Wednesday. The stock traded as high as $2.12 and last traded at $2.06. Approximately 43,545,483 shares changed hands during trading, an increase of 7,445% from the average session volume of 577,139 shares. The stock had previously closed at $1.79.

Hertz Global Stock Down 5.3%

The company has a market capitalization of $926.47 million and a PE ratio of 0.52. The firm has a fifty day simple moving average of $2.01 and a 200-day simple moving average of $3.64. The company has a debt-to-equity ratio of 2.07, a quick ratio of 2.91 and a current ratio of 2.91.

Hertz Global Company Profile

(Get Free Report)

Hertz Global Holdings, Inc is the parent company of Hertz, a global vehicle-rental business. Through its rental brands, the company provides cars, SUVs, vans and other vehicles to leisure and business customers for airport, neighborhood and replacement-rental use.

Its principal brands have included Hertz, Dollar and Thrifty, which serve different customer segments and price points. Hertz has also offered vehicle reservations, loyalty programs, corporate rental arrangements and related mobility services.

The company operates through a network serving major markets in North America, Europe, Latin America, Australia and New Zealand.

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