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Hertz Global (NYSE:HTZ) Stock Price Down 2.7% - Here's What Happened

Hertz Global logo with Industrials background

Shares of Hertz Global Holdings, Inc. (NYSE:HTZ - Get Free Report) traded down 2.7% during trading on Thursday . The company traded as low as $6.88 and last traded at $6.85. 587,826 shares were traded during mid-day trading, a decline of 94% from the average session volume of 9,154,824 shares. The stock had previously closed at $7.04.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded Hertz Global to a "sell" rating in a research report on Thursday, May 1st.

Get Our Latest Report on Hertz Global

Hertz Global Stock Performance

The business has a fifty day simple moving average of $5.96 and a 200 day simple moving average of $4.70. The stock has a market capitalization of $2.06 billion, a price-to-earnings ratio of -0.66 and a beta of 2.26.

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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