Localiza Rent a Car S.A. (OTCMKTS:LZRFY) Stock Short Interest Report for October

by · The Cerbat Gem

Localiza Rent a Car S.A. (OTCMKTS:LZRFY – Get Free Report) was the recipient of a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 25,896 shares, a drop of 44.5% from the September 30th total of 46,675 shares. Based on an average daily trading volume, of 66,719 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.0% of the shares of the company are short sold.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded shares of Localiza Rent a Car from a “strong sell” rating to a “hold” rating in a research report on Wednesday, October 14th. One equities research analyst has rated the stock with a Hold rating. According to MarketBeat, Localiza Rent a Car has an average rating of “Hold”.

View Our Latest Analysis on Localiza Rent a Car

Localiza Rent a Car Price Performance

LZRFY traded up $0.09 during trading hours on Monday, hitting $5.31. The company’s stock had a trading volume of 85,089 shares, compared to its average volume of 44,236. The business’s 50-day moving average price is $8.07 and its 200-day moving average price is $8.51. Localiza Rent a Car has a 12 month low of $5.01 and a 12 month high of $11.76. The company has a current ratio of 1.23, a quick ratio of 1.23 and a debt-to-equity ratio of 1.48. The stock has a market cap of $5.63 billion and a price-to-earnings ratio of 8.85.

Localiza Rent a Car Company Profile

(Get Free Report)

Localiza Rent a Car SA is a Brazil-based mobility company that provides vehicle rental and transportation-related services through the Localiza brand. Its core business includes short-term car rentals for individual, business, and leisure customers, supported by a broad network of rental locations serving major airports, cities, and travel destinations.

The company also operates in fleet management and long-term vehicle rentals, providing vehicles and related services to corporate customers.

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