Hertz Global (NYSE:HTZ) Stock Price Up 7%

Hertz Global Holdings, Inc. (NYSE:HTZ - Get Free Report)'s share price traded up 7% during mid-day trading on Friday . The company traded as high as $2.94 and last traded at $2.92. 1,303,825 shares changed hands during trading, a decline of 81% from the average session volume of 6,732,112 shares. The stock had previously closed at $2.73.

Hertz Global Stock Performance

The business's 50 day simple moving average is $3.50 and its 200-day simple moving average is $4.89. The stock has a market capitalization of $917.44 million, a price-to-earnings ratio of -7.69 and a beta of 2.01.

Hertz Global (NYSE:HTZ - Get Free Report) last issued its quarterly earnings data on Thursday, August 1st. The company reported ($1.44) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($1.21) by ($0.23). The company had revenue of $2.35 billion during the quarter, compared to analyst estimates of $2.48 billion.

Hertz Global Company Profile

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.