Hertz Global Holdings Inc. (NASDAQ:HTZ) price on Thursday, May 09,rose 1.45% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $4.91.
A look at the stock’s price movement, the close in the last trading session was $4.84. The PE ratio in trailing twelve months stood at 7.95. Turning to its 52-week performance, $19.36 and $4.35 were the 52-week high and 52-week low respectively. Overall, HTZ moved -32.74% over the past month.
Hertz Global Holdings Inc.’s market cap currently stands at around $697.81 million.
Turning to the stock’s technical picture we see that short term indicators suggest on average that HTZ is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
HTZ’s current price about -11.31% and -27.29% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 37.71, while 7-day volatility ratio is 5.85% and 6.70% in the 30-day chart. Further, Hertz Global Holdings Inc. (HTZ) has a beta value of 2.17, and an average true range (ATR) of 0.39.
If we refocus on Hertz Global Holdings Inc. (NASDAQ:HTZ), historical trading data shows that trading volumes averaged 6.26 million over the past 3 months. The company’s latest data on shares outstanding shows there are 305.18 million shares.
The 2.71% of Hertz Global Holdings Inc.’s shares are in the hands of company insiders. Current price change has pushed the stock -52.74% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the HTZ stock continues to rise going into the next quarter.