The trading price of Hertz Global Holdings Inc. (NASDAQ:HTZ) closed lower on Tuesday, April 23, closing at $5.46, -7.46% lower than its previous close.
The company’s P/E ratio in the trailing 12-month period was 2.98. In examining the 52-week price action we see that the stock hit a 52-week high of $19.36 and a 52-week low of $5.82. Over the past month, the stock has lost -25.21% in value.
Hertz Global Holdings Inc., whose market valuation is $775.98 million at the time of this writing. Investors’ optimism about the company’s current quarter earnings report is understandable.
A company’s earnings reviews provide a brief indication of a stock’s direction in the short term, where in the case of Hertz Global Holdings Inc. No upward and no downward comments were posted in the last 7 days. On the technical side, indicators suggest HTZ has a 100% Sell on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Sell, while an average of long term indicators suggests that the stock is currently 100% Sell.
A quick review shows that HTZ’s price is currently -23.67% off the SMA20 and -26.46% off the SMA50. The RSI metric on the 14-day chart is currently showing 24.46, and weekly volatility stands at 5.01%. When measured over the past 30 days, the indicator reaches 4.38%. Hertz Global Holdings Inc. (NASDAQ:HTZ)’s beta value is currently sitting at 2.07, while the Average True Range indicator is currently displaying 0.35.
To see how Hertz Global Holdings Inc. stock has been performing in comparison to its peers in the industry, here are the numbers: HTZ stock’s performance was -7.46% in the latest trading, and -64.34% in the past year. Hertz Global Holdings Inc. has a P/E ratio of 2.98.
An evaluation of the daily trading volume of Hertz Global Holdings Inc. (NASDAQ:HTZ) indicates that the 3-month average is 5.16 million.
Currently, records show that 305.18 million of the company’s shares remain outstanding. However, since the stock’s price has seen -47.45% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
