Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Hertz Global Holdings Inc’s current trading price is -63.56% away from its 52-week high, while its distance from the 52-week low is 56.68%. The stock’s price range over this period has fluctuated between $2.47 and $10.62. The company, operating within the financial sector, had a trading volume of approximately 2.62 million for the day, which was noticeably lower than the average daily share volume of 5.62 million over the last 3 months.
Hertz Global Holdings Inc’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $10.62 on 01/02/24 and a low of $2.47 for the same time frame on 09/11/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Hertz Global Holdings Inc (HTZ) has experienced a quarterly rise of 16.92% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.19B and boasts a workforce of 27000 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.48, with a change in price of +0.10. Similarly, Hertz Global Holdings Inc recorded 5,604,023 in trading volume during the last 100 days, posting a change of +2.72%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for HTZ stands at 27.87. Similarly, the long-term debt-to-equity ratio is also 27.87.
HTZ Stock Stochastic Average
Today’s raw stochastic average for Hertz Global Holdings Inc over the last 50 days is 40.09%.This indicates a increase from the raw stochastic average of the past 20 days, which was 33.18%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 25.03% and 23.16%, respectively.
HTZ Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The metric has seen a significant loss of -62.75% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 6.91%. Over the past 30 days, the price of HTZ has leaped by -21.34%. And in the last five days, it has surged by 13.16%.
