Hertz Global (OTCMKTS:HTZZ) Shares Down 5.9% – Here’s Why

Hertz Global Holdings, Inc. (OTCMKTS:HTZZGet Free Report)’s share price fell 5.9% during trading on Friday . The stock traded as low as $3.75 and last traded at $3.81. 8,356,669 shares changed hands during mid-day trading, an increase of 1,348% from the average session volume of 577,139 shares. The stock had previously closed at $4.05.

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 stock’s 50 day moving average is $4.04 and its 200 day moving average is $3.78.

About Hertz Global

(Get Free Report)

Hertz Global Holdings, Inc, together with its subsidiaries, provides airport and off airport vehicle rental and leasing services. It operates through three segments: U.S. RAC, International RAC, and All Other Operations. The company provides its vehicle rental services under the Hertz, Dollar, Thrifty, Firefly, and Flexicar brands from approximately 12,000 corporate and franchisee locations in North America, Europe, Latin America, Africa, Asia, Australia, the Caribbean, the Middle East, and New Zealand.

Further Reading

Receive News & Ratings for Hertz Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hertz Global and related companies with MarketBeat.com's FREE daily email newsletter.