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

Hertz Global logo with Industrials background

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

Wall Street Analysts Forecast Growth

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

Check Out Our Latest Stock Analysis on Hertz Global

Hertz Global Stock Performance

The firm has a market capitalization of $1.98 billion, a P/E ratio of -0.63 and a beta of 2.26. The stock's 50 day simple moving average is $5.96 and its 200 day simple moving average is $4.71.

Hertz Global Company Profile

(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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