Shares of Hertz Global Holdings, Inc. (NYSE:HTZ - Get Free Report) dropped 2.7% during trading on Friday . The stock traded as low as $7.30 and last traded at $7.44. Approximately 4,519,628 shares changed hands during trading, a decline of 60% from the average daily volume of 11,414,062 shares. The stock had previously closed at $7.65.
Analysts Set New Price Targets
Separately, Wall Street Zen upgraded shares of Hertz Global to a "sell" rating in a research report on Thursday, May 1st.
Read Our Latest Report on HTZ
Hertz Global Stock Performance
The stock has a market capitalization of $2.30 billion, a P/E ratio of -0.73 and a beta of 2.15. The company's 50-day moving average price is $6.89 and its 200 day moving average price is $5.49.
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
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Hertz Global, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Hertz Global wasn't on the list.
While Hertz Global currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.