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In a notable market movement, Hertz Global Holdings (OTC:HTZGQ) Wnt (HTZWW) stock has reached a 52-week high, trading at $3.96. According to InvestingPro data, the company carries an $18.4 billion debt burden and maintains a concerning current ratio of 0.83, indicating potential liquidity challenges. This peak comes amidst a challenging year for the company, which has seen its stock value fluctuate significantly, reflected in its beta of 2.38. Despite the recent high, Hertz Global Holdings Wnt has experienced a decline of 18.92% over the past year, while posting negative EBITDA of $1.01 billion and revenue decline of 3.44%. Investors are closely monitoring the stock’s performance, considering the broader implications of its volatility on the market and the rental car industry’s recovery trajectory. InvestingPro subscribers can access 14 additional key insights about HTZWW’s financial health and growth prospects.
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