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Hertz Global (NYSE:HTZ) Trading Down 5.5% - Here's What Happened

Hertz Global logo with Industrials background

Shares of Hertz Global Holdings, Inc. (NYSE:HTZ - Get Free Report) traded down 5.5% during mid-day trading on Wednesday . The company traded as low as $4.18 and last traded at $4.21. 1,506,246 shares were traded during trading, a decline of 55% from the average session volume of 3,370,205 shares. The stock had previously closed at $4.45.

Wall Street Analyst Weigh In

Separately, StockNews.com raised Hertz Global to a "sell" rating in a research report on Thursday, November 28th.

View Our Latest Stock Report on Hertz Global

Hertz Global Stock Up 3.8 %

The stock has a market capitalization of $1.24 billion, a price-to-earnings ratio of -0.45 and a beta of 2.46. The business has a 50-day simple moving average of $3.97 and a two-hundred day simple moving average of $3.63.

About Hertz Global

(Get Free Report)

Hertz Global Holdings, Inc operates as a vehicle rental company. The company operates through two segments, Americas Rental Car and International Rental Car. It offers vehicle rental services under the Hertz, Dollar, and Thrifty brands from company-operated, licensee, and franchisee locations in the United States, Africa, Asia, Australia, Canada, the Caribbean, Europe, Latin America, the Middle East, and New Zealand.

Further Reading

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