Hertz Global Holdings Inc (HTZ)
$1.75 0.01 (0.57%)
19:59 EDT HTZ Stock Quote Delayed 30 Minutes
Previous Close -
Market Cap 147.12M
PE Ratio 0.42
Volume (Avg. Vol.) 29.43M
Day's Range 1.71 - 1.86
52-Week Range 0.40 - 20.85
Dividend & Yield N/A (N/A)
HTZ Stock Predictions, Articles, and Hertz Global Holdings Inc News
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HTZ stock soared on Friday on the news of DIP financing. But the company remains in bankruptcy, and the equity has little or no value.
Hertz (HTZ) news for Friday includes agreements for debtor-in-possession financing of $1.65 billion rocketing HTZ stock higher.
Hertz has had five CEOs since 2014. Is it any wonder HTZ stock is barely trading above $1 and most likely headed to the garbage can?
Hertz was already in trouble, but debt and the pandemic pushed it into bankruptcy, and HRTZ stock is approaching penny stock levels.
Bankrupt and saddled with more debt than it can probably handle, HTZ stock is a losing ticket for most investors right now.
Hertz stock was once a brief contrarian play for the extreme gambler. But now that the fundamentals are settling in, it’s best to avoid this nightmarish “opportunity.”
Business is likely to remain depressed due to the pandemic impact. High balance sheet debt makes equity worthless in a liquidation scenario.
What's the call here? Don't waste your time (or risk your money) gambling on Hertz stock.
It’s been a terrible summer for holders of HTZ stock. The company is in bankruptcy and there’s no good reason to own any of its shares.
Though Hertz Global’s brand power has attracted speculators, it’s the lack of travel demand that should dissuade most investors from thinking about HTZ stock.
It's been one disappointment after another with HTZ stock, and don't expect the outlook to brighten anytime in the near future.
Stay away from Hertz stock since it is very likely worthless. HTZ stock will not survive the outcome of its Chapter 11 bankruptcy as creditors are still fighting among themselves.
For a moment in June, Hertz might have had a chance of making a turnaround. As time drags on, however, Hertz stock owners are losing any remaining hope.
Could Hertz shareholders face a similar fate to Whiting Petroleum? If so, should you be buying Hertz stock at current prices?
Hertz stock is in the midst of a Chapter 11 reorganization and is coming off a top- and bottom-line earnings miss. Continue to avoid it.
Hertz failed to raise money in its post-bankruptcy stock offering and is now seeking a loan. There's no reason to invest in Hertz stock.
With the pandemic forcing people indoors, many turned to day trading to whittle away the time. This caused completely speculative names like Hertz stock to enjoy momentum they have no business enjoying.
A bankruptcy filing doesn't always mean a stock is headed to zero. But because Hertz stock has such a large debt load, it's likely worthless.
By Alex Sirois
If you're considering a Hertz stock purchase, read here. The company's recent moves make clear it has no problem taking your money.
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