Hertz Global (OTCMKTS:HTZZ) Shares Up 29.5% – Still a Buy?

Hertz Global Holdings, Inc. (OTCMKTS:HTZZGet Free Report)’s share price shot up 29.5% during mid-day trading on Friday . The company traded as high as $2.19 and last traded at $2.02. 155,819,099 shares changed hands during mid-day trading, an increase of 26,899% from the average daily volume of 577,139 shares. The stock had previously closed at $1.56.

Hertz Global Stock Up 29.5%

The company has a current ratio of 2.91, a quick ratio of 2.91 and a debt-to-equity ratio of 2.07. The company has a market cap of $954.83 million and a price-to-earnings ratio of 0.54. The firm’s fifty day simple moving average is $3.11 and its 200 day simple moving average is $4.49.

About Hertz Global

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Hertz Global Holdings, Inc operates as a vehicle rental and mobility solutions provider, offering a wide range of transportation services to individual and corporate customers. Through its Hertz, Dollar and Thrifty brands, the company provides daily, weekly and monthly car rentals, as well as long-term leasing, fleet management and dedicated account services. Hertz serves leisure travelers, business clients and government entities with passenger cars, SUVs, vans and specialty vehicles, complemented by digital reservation platforms and roadside assistance offerings.

Founded in 1918 in Chicago by Walter L.

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