Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. Until today this year the stock’s price performance recorded an increase of 9.97%. However, over the last six months, the performance has been weaker by 21.23%. The price of HTZ decreased -0.98% over the last 30 days. And in the last five days, it has surged by 8.20%.
Hertz Global Holdings Inc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $7.80 on 04/09/24, while the lowest price for the same period was registered at $2.47 on 09/11/24.
52-week price history of HTZ Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Hertz Global Holdings Inc’s current trading price is -48.40% away from its 52-week high, while its distance from the 52-week low is 62.96%. The stock’s price range during this period has varied between$2.47 and $7.80. The Hertz Global Holdings Inc’s shares, which operate in the Industrials, saw a trading volume of around 2.57 million for the day, a figure considerably lower than their average daily volume of 6.69 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Hertz Global Holdings Inc (HTZ) has experienced a quarterly rise of 0.37% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.24B and boasts a workforce of 26000 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 4.02, with a change in price of +0.62. Similarly, Hertz Global Holdings Inc recorded 6,535,259 in trading volume during the last 100 days, posting a change of +18.25%.
HTZ’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for HTZ stands at 123.58. Similarly, the long-term debt-to-equity ratio is also 119.92.
HTZ Stock Stochastic Average
As of today, Hertz Global Holdings Inc’s raw stochastic average for the last 50 days stands at 49.16%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 64.32%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 54.63% and 52.28%, respectively.
