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StockNews.com
StockNews.com
Business
Pragya Pandey

Does Hertz Global Deserve a Place in Your Portfolio?

Hertz Global Holdings, Inc. (HTZ) is a car rental firm that operates through company-owned, licensee, and franchisee locations under the Hertz, Dollar, and Thrifty brands. It also sells automobiles and operates the Firefly and Hertz 24/7 car sharing brands in international markets.

While its shares have gained 124.5% over the past year, the stock has plunged 31% year-to-date and 9.2% over the past month to close yesterday’s trading session at $17.24. In addition, the stock is currently trading 62.5% below its 52-week high of $46, which it hit on November 02, 2021.

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