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Hertz Global (NYSE:HTZ) Trading 11% Higher - Time to Buy?

Hertz Global logo with Industrials background

Hertz Global Holdings, Inc. (NYSE:HTZ - Get Free Report) shares rose 11% during trading on Wednesday . The stock traded as high as $4.03 and last traded at $4.03. Approximately 1,245,333 shares changed hands during mid-day trading, a decline of 64% from the average daily volume of 3,492,039 shares. The stock had previously closed at $3.63.

Wall Street Analyst Weigh In

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

Read Our Latest Research Report on HTZ

Hertz Global Price Performance

The business's fifty day moving average is $4.00 and its 200 day moving average is $3.58. The stock has a market cap of $1.24 billion, a PE ratio of -0.45 and a beta of 2.44.

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.

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