Hertz Global (NYSE:HTZ) Shares Down 8.6% – Should You Sell?

Shares of Hertz Global Holdings, Inc. (NYSE:HTZGet Free Report) dropped 8.6% during mid-day trading on Tuesday . The company traded as low as $3.80 and last traded at $3.68. Approximately 659,974 shares traded hands during trading, a decline of 90% from the average daily volume of 6,814,110 shares. The stock had previously closed at $4.02.

Hertz Global Stock Performance

The stock has a fifty day moving average of $3.99 and a 200 day moving average of $3.82. The company has a market capitalization of $1.12 billion, a P/E ratio of -0.39 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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