Hertz Global Holdings Inc (NASDAQ:HTZ) shares traded 3.43% higher at $3.46 on Wall Street last session.
HTZ stock price is now -14.51% away from the 50-day moving average and -6.09% away from the 200-day moving average. The market capitalization of the company currently stands at $1.06B.
On September 19, 2024, Barclays recently initiated its ‘Underweight’ rating on the stock quoting a target price of $3, while ‘BofA Securities’ rates the stock as ‘Underperform’
In other news, Leef Eric, Officer bought 21,766 shares of the company’s stock on Mar 05 ’25. The stock was bought for $93,097 at an average price of $4.28. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 05 ’25, EVP, Chief HR Officer Leef Eric sold 21,766 shares of the business’s stock. A total of $93,101 was realized by selling the stock at an average price of $4.28. This leaves the insider owning 478,545 shares of the company worth $1.66 million. A total of 4.13% of the company’s stock is owned by insiders.
During the past 12 months, Hertz Global Holdings Inc has had a low of $2.47 and a high of $8.20. As of last week, the company has a debt-to-equity ratio of 123.58, a current ratio of 1.64, and a quick ratio of 1.64. The fifty day moving average price for HTZ is $4.0532 and a two-hundred day moving average price translates $3.68985 for the stock.
The latest earnings results from Hertz Global Holdings Inc (NASDAQ: HTZ) was released for 2024-12-31. The net profit margin was -31.63% and return on equity was -176.39% for HTZ. The company reported revenue of $2.04 billion for the quarter, compared to $2.18 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -6.59 percent.
