Hertz Global (NYSE:HTZ) Trading Down 3.4%

Hertz Global Holdings, Inc. (NYSE:HTZ)’s stock price was down 3.4% during trading on Wednesday . The company traded as low as $3.40 and last traded at $3.41. Approximately 293,340 shares changed hands during mid-day trading, a decline of 96% from the average daily volume of 6,874,722 shares. The stock had previously closed at $3.53.

Hertz Global Stock Performance

The stock has a market cap of $1.03 billion, a PE ratio of -8.49 and a beta of 2.05. The company’s 50-day moving average price is $3.70 and its two-hundred day moving average price is $5.65.

Hertz Global (NYSE:HTZ) last announced its quarterly earnings data on Thursday, August 1st. The company reported ($1.44) EPS for the quarter, missing the consensus estimate of ($1.21) by ($0.23). The firm had revenue of $2.35 billion during the quarter, compared to analysts’ expectations 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.