Hertz Global Shares Surge 12.4% on Trading Day

The car rental company saw a spike in trading volume amid market activity.

Apr. 3, 2026 at 4:56am

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A close-up photograph of a polished, chrome-plated car key resting on a smooth, reflective black surface, using dramatic studio lighting to represent the abstract concepts of mobility and the automotive industry.A sleek, chrome-plated car key symbolizes the renewed investor interest in Hertz Global's recovery efforts.Chicago Today

Hertz Global Holdings, Inc. (OTCMKTS:HTZZ) saw its stock price jump 12.4% on Thursday, trading as high as $5.20 per share. The surge in trading volume, up over 1,700% from the average, came amid broader market activity for the car rental company.

Why it matters

Hertz Global has been working to rebuild its business after emerging from bankruptcy in 2021. The spike in stock price and trading volume suggests renewed investor interest in the company's recovery efforts and long-term prospects.

The details

Hertz Global reported a current ratio of 2.91, a quick ratio of 2.91, and a debt-to-equity ratio of 2.07. The company has a market capitalization of $2.45 billion and a price-to-earnings ratio of 1.38. Hertz's stock has a 50-day moving average price of $4.67 and a 200-day moving average price of $5.30.

  • Hertz Global's stock price jumped 12.4% on Thursday, April 3, 2026.
  • The trading volume increased over 1,700% from the average session volume on the same day.

The players

Hertz Global Holdings, Inc.

A vehicle rental and mobility solutions provider, offering a wide range of transportation services to individual and corporate customers through its Hertz, Dollar and Thrifty brands.

Walter L. Jacobs

The founder of Hertz, who started the company in Chicago in 1918.

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The takeaway

The surge in Hertz Global's stock price and trading volume suggests renewed investor confidence in the company's recovery efforts and long-term prospects as it works to rebuild its business following its emergence from bankruptcy in 2021.