Hertz Global (NYSE:HTZ) Shares Up 1.6% - Here's What Happened

Hertz Global Holdings, Inc. (NYSE:HTZ - Get Free Report)'s share price traded up 1.6% during mid-day trading on Thursday . The company traded as high as $7.57 and last traded at $7.29. 4,972,452 shares changed hands during mid-day trading, a decline of 43% from the average session volume of 8,795,267 shares. The stock had previously closed at $7.17.

Analyst Ratings Changes

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

Hertz Global Trading Down 3.0%

The firm has a market cap of $2.19 billion, a P/E ratio of -0.70 and a beta of 2.15. The company's 50 day simple moving average is $6.60 and its 200-day simple moving average is $5.10.

Hertz Global Company Profile

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.