Hertz Global Holdings Inc (HTZ): The stock had negative money flow to the tune of ($7.75 million) on Monday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $14.25 million, whereas, the outflow of money on downticks was $22 million and the ratio between the two was 0.65. The block trade had a negative net money flow of ($9.1 million). The total block trade value undertaken on upticks was $1.72 million. On the other hand, downticks amounted to $10.83 million of the traded value, which shows distribution in the stock by traders. The ratio between uptick and downtick was 0.16. Hertz Global Holdings Inc (HTZ) closed with marginal gains of 143 cents to end the day at $46.78, an increase of 3.15% over the previous days close. The stock recorded 0.09% for the week.
Shares of Hertz Global Holdings, Inc. appreciated by 3.21% during the last five trading days but lost 3.78% on a 4-week basis.
Hertz Global Holdings Inc (NYSE:HTZ): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $46.78 and $46.78 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $49.00. The buying momentum continued till the end and the stock did not give up its gains. It closed at $48.83, notching a gain of 4.38% for the day. The total traded volume was 1,764,912 . The stock had closed at $46.78 on the previous day.
In a related news, Best Tyler, officer (Exec VP and CIO) of Hertz Global Holdings Inc, executed a transaction worth $450,900 on June 2, 2016. A total of 45,000 shares were purchased at an average price of $10.02. The Insider information was divulged by the Securities and Exchange Commission in a Form 4 filing. 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.