Large Inflow of Money Witnessed in Hertz Global Holdings Inc

Hertz Global Holdings Inc (NYSE:HTZ) witnessed a selling pressure and the shares last traded with a loss of -0.26 points or -2.3% at $10.83. Investors jumped in to buy the shares on weakness. The net money flow till latest update was calculated at $1.44 million with an inflow of $5.08 million in upticks and an outflow of $3.64 million in downticks. Using the data, the up/down ratio is found to be 1.39. The share price has recorded 2.8% on a weekly basis.A block trade of $1.8 million in uptick and $0.25 million in downtick was also observed, resulting in an up/down ratio of 7.26. The net money flow of the block trade stood at a $1.55, signaling heavy buying.


The stock has recorded a 20-day Moving Average of 8.66% and the 50-Day Moving Average is 18.68%. The company shares have dropped 46.47% in the past 52 Weeks. On June 23, 2015 The shares registered one year high of $20.79 and one year low was seen on February 11, 2016 at $6.95. The 50-day moving average is $9.48 and the 200 day moving average is recorded at $10.25. S&P 500 has rallied 1.93% during the last 52-weeks.

Hertz Global Holdings Inc (NYSE:HTZ): The stock was completely flat for the day, closing at $11.08 on Tuesday. The flat closing masks the intraday volatility in the stock. After opening at $11.18, the stock touched an intraday high of $11.24 and a low of $10.74. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $11.08. The total trading volume on Tuesday was 11,331,115.

Currently the company Insiders own 0.4% of Hertz Global Holdings Inc shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by 60.09% . Institutional Investors own 97.9% of Hertz Global Holdings Inc shares. During last six month period, the net percent change held by insiders has seen a change of 58.95%. On the companys insider trading activities, The Securities and Exchange Commission has divulged in a Form 4 filing that the officer (Exec VP and CIO) of Hertz Global Holdings Inc, Best Tyler had purchased shares worth of $450,900 in a transaction dated on June 2, 2016. A total of 45,000 shares were purchased at a price of $10.02 per share. The information is based on open market trades at the market prices.Option exercises are not covered.

Hertz Global Holdings, Inc. is a holding company. The Company operates car rental business through its Hertz, Dollar, Thrifty and Firefly brands. The Companys operating segments are U.S. Car Rental, International Car Rental, Worldwide Equipment Rental and All Other Operations. As of December 31, 2014, the Company operated 10,880 corporate and franchisee locations in North America, Europe, Latin and South America, Asia, Australia, Africa, the Middle East and New Zealand. Its brands maintain separate airport counters, reservations and reservation systems, marketing and all other customer contact activities. Its Hertz brand has approximately 9,395 corporate and franchisee locations in 145 countries. Its Dollar and Thrifty brands combined have approximately 1,380 corporate and franchisee locations in 77 countries and Firefly brand has approximately 105 corporate and franchisee locations in 12 countries. Its equipment rental business is operated through the Hertz Equipment Rental brand.

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