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The price of Hertz Global Holdings Inc. (NASDAQ: HTZ) closed at $3.07 in the last session, down -2.54% from day before closing price of $3.15. In other words, the price has decreased by -$2.54 from its previous closing price. On the day, 5.08 million shares were traded. HTZ stock price reached its highest trading level at $3.145 during the session, while it also had its lowest trading level at $3.03.
Ratios:
We take a closer look at HTZ’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.41 and its Current Ratio is at 1.41. In the meantime, Its Debt-to-Equity ratio is 9.95 whereas as Long-Term Debt/Eq ratio is at 9.95.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Barclays on September 19, 2024, initiated with a Underweight rating and assigned the stock a target price of $3.
On April 26, 2024, BofA Securities Downgraded its rating to Underperform which previously was Neutral and also lowered its target price recommendation from $9 to $3.
Goldman Downgraded its Neutral to Sell on April 04, 2024, whereas the target price for the stock was revised from $8 to $7.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 940976512 and an Enterprise Value of 19844976640. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.05 while its Price-to-Book (P/B) ratio in mrq is 0.48. Its current Enterprise Value per Revenue stands at 2.129 whereas that against EBITDA is -34.393.
Stock Price History:
Over the past 52 weeks, HTZ has reached a high of $11.71, while it has fallen to a 52-week low of $2.47. The 50-Day Moving Average of the stock is -6.50%, while the 200-Day Moving Average is calculated to be -44.39%.
Shares Statistics:
According to the various share statistics, HTZ traded on average about 5.45M shares per day over the past 3-months and 3423490 shares per day over the past 10 days. A total of 305.18M shares are outstanding, with a floating share count of 137.11M. Shares short for HTZ as of 1727654400 were 35735561 with a Short Ratio of 6.56, compared to 1724976000 on 37897841. Therefore, it implies a Short% of Shares Outstanding of 35735561 and a Short% of Float of 29.14.
