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Hertz Global (NYSE:HTZ) Shares Down 7.7% - Time to Sell?

Hertz Global logo with Industrials background
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Hertz Global Holdings, Inc. (NYSE:HTZ - Get Free Report)'s stock price fell 7.7% on Tuesday . The company traded as low as $3.62 and last traded at $3.64. 1,808,867 shares traded hands during mid-day trading, a decline of 73% from the average session volume of 6,664,856 shares. The stock had previously closed at $3.94.

Hertz Global Price Performance

The firm has a market capitalization of $1.14 billion, a P/E ratio of -0.40 and a beta of 2.37. The firm's fifty day moving average price is $4.03 and its 200-day moving average price is $3.79.

About Hertz Global

(Get Free Report)

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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