Stocks of Hertz Global Holdings Inc (NASDAQ:HTZ) traded higher last session on Wall Street, up 1.70% to $7.17.
HTZ stock price is now 6.52% away from the 50-day moving average and 56.96% away from the 200-day moving average. The market capitalization of the company currently stands at $2.22B.
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, Galloway Kelly, Officer bought 55,217 shares of the company’s stock on May 27 ’25. The stock was bought for $414,128 at an average price of $7.50. An SEC document containing details of the transaction can be found on the SEC’s website. On May 15 ’25, EVP, Chief HR Officer Leef Eric sold 42,917 shares of the business’s stock. A total of $247,880 was realized by selling the stock at an average price of $5.78. This leaves the insider owning 419,976 shares of the company worth $3.01 million. A total of 4.04% 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 $9.39.
The net profit margin was -35.52% and return on equity was -244.63% for HTZ. The company reported revenue of $1.81 billion for the quarter, compared to $2.08 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -12.84 percent.