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Hertz Global (NYSE:HTZ) Trading Up 12.1% - Here's What Happened

Hertz Global logo with Industrials background

Hertz Global Holdings, Inc. (NYSE:HTZ - Get Free Report)'s stock price traded up 12.1% during mid-day trading on Tuesday . The company traded as high as $9.20 and last traded at $8.78. 20,666,988 shares changed hands during trading, an increase of 71% from the average session volume of 12,078,351 shares. The stock had previously closed at $7.83.

Hertz Global Stock Down 5.6 %

The company's 50-day moving average price is $4.50 and its 200-day moving average price is $4.04. The firm has a market cap of $2.51 billion, a price-to-earnings ratio of -0.87 and a beta of 2.37.

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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