Hertz Global Holdings, Inc. (HTZGQ): Price and Financial Metrics
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HTZGQ Price/Volume Stats
|Current price||$0.80||52-week high||$9.87|
|Prev. close||$8.74||52-week low||$0.41|
|Day high||$0.80||Avg. volume||7,090,634|
|50-day MA||$5.77||Dividend yield||N/A|
|200-day MA||$2.51||Market Cap||124.96M|
Hertz Global Holdings, Inc. (HTZGQ) Company Bio
Hertz Global Holdings, Inc., together with its subsidiaries, provides airport and off airport vehicle rental and leasing services. It operates through three segments: U.S. Rental Car, International Rental Car, and All Other Operations. The company rents cars, vans, crossovers, and light trucks under the Hertz, Dollar, Thrifty, Firefly, and Flexicar brands from approximately 12,400 corporate and franchisee locations in North America, Europe, Latin America, Africa, Asia, Australia, the Caribbean, the Middle East, and New Zealand. It rents vehicles on an hourly, daily, weekend, weekly, monthly, or multi-month basis. The company also sells value-added services; and vehicles, as well as offers car and van-sharing membership services. In addition, the company offers vehicle and lease financing; acquisition and remarketing; license, title, and registration; vehicle maintenance consultation; fuel, accident, and toll management; telematics-based location, and driver performance and scorecard reporting; and fleet management services. As of December 31, 2019, it operated a rental fleet of approximately 567,600 vehicles in the United States and 204,000 vehicles in international operations. The company serves business and leisure customers. Hertz Global Holdings, Inc. was founded in 1918 and is headquartered in Estero, Florida. On May 22, 2020, Hertz Global Holdings, Inc, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the District of Delaware. It is in joint administration with The Hertz Corporation.
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Below are the latest news stories about Hertz Global Holdings Inc that investors may wish to consider to help them evaluate HTZGQ as an investment opportunity.
Newly issued warrants from (HTZZ) appear inexpensive based on the stock price of the reorganized rental-car company and look like a cheaper play. The 30-year Hertz warrants (ticker: HTZZW) were trading at $11.75, down 20 cents on Friday, while new Hertz stock (HTZZ) was off 99 cents, at $26, in midday trading Friday. The warrants and new stock in Hertz began trading over the counter Thursday after the rental-car company exited bankruptcy on Wednesday.
By Dhirendra Tripathi
Car-rental company Hertz Global Holdings Inc. says it has exited bankruptcy as a "much stronger" company ready to capitalize on a travel rebound.
Hertz Global Holdings, Inc. (OTCPK:HTZGQ) ("Hertz" or the "Company") announced the composition of its new Board of Directors whose term is effective with the Company's successful completion of its restructuring and emergence from Chapter 11 today. The new Board will initially include eight members with up to three additional directors to be named in the future. The eight members named include Certares founder Michael Gregory O'Hara as Chairperson; Knighthead Capital co-founder Thomas Wagner as V
Hertz Global Holdings, Inc. (OTCPK:HTZGQ) ("Hertz" or the "Company") today announced that it has successfully completed its Chapter 11 restructuring process and has emerged as a financially and operationally stronger company that is well-positioned for the future. Hertz's Plan of Reorganization was confirmed by the Bankruptcy Court on June 10, 2021. In doing so, Judge Mary Walrath described the outcome as a "fantastic result" that "surpasses any result that I've seen in any Chapter 11 case that
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