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The closing price of Hertz Global Holdings Inc (NASDAQ: HTZ) was $3.79 for the day, up 3.55% from the previous closing price of $3.66. In other words, the price has increased by $3.55 from its previous closing price. On the day, 17.13 million shares were traded. HTZ stock price reached its highest trading level at $4.1 during the session, while it also had its lowest trading level at $3.6.
Ratios:
Our analysis of HTZ’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.57 and its Current Ratio is at 1.57. In the meantime, Its Debt-to-Equity ratio is 27.87 whereas as Long-Term Debt/Eq ratio is at 27.87.
On September 19, 2024, Barclays started tracking the stock assigning a Underweight rating and target price of $3.
BofA Securities Downgraded its Neutral to Underperform on April 26, 2024, whereas the target price for the stock was revised from $9 to $3.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Apr 30 ’24 when West W Gilbert bought 250,000 shares for $4.46 per share. The transaction valued at 1,114,100 led to the insider holds 2,160,369 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HTZ now has a Market Capitalization of 1162355072 and an Enterprise Value of 19936927744. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.13 while its Price-to-Book (P/B) ratio in mrq is 1.71. Its current Enterprise Value per Revenue stands at 2.139 whereas that against EBITDA is -34.553.
Stock Price History:
Over the past 52 weeks, HTZ has reached a high of $10.82, while it has fallen to a 52-week low of $2.47. The 50-Day Moving Average of the stock is 20.45%, while the 200-Day Moving Average is calculated to be -21.38%.
Shares Statistics:
HTZ traded an average of 5.28M shares per day over the past three months and 6120400 shares per day over the past ten days. A total of 305.18M shares are outstanding, with a floating share count of 137.11M. Shares short for HTZ as of 1728950400 were 37008911 with a Short Ratio of 8.16, compared to 1726185600 on 38588121. Therefore, it implies a Short% of Shares Outstanding of 37008911 and a Short% of Float of 30.17.
