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Hertz Global (NYSE:HTZ) Trading 5% Higher - Here's What Happened

Hertz Global logo with Industrials background

Hertz Global Holdings, Inc. (NYSE:HTZ - Get Free Report)'s share price shot up 5% on Friday . The stock traded as high as $6.29 and last traded at $6.17. 1,711,403 shares changed hands during mid-day trading, a decline of 86% from the average session volume of 12,055,311 shares. The stock had previously closed at $5.88.

Analyst Upgrades and Downgrades

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

View Our Latest Analysis on HTZ

Hertz Global Stock Up 4.4%

The firm has a market capitalization of $1.99 billion, a price-to-earnings ratio of -0.63 and a beta of 2.17. The company has a fifty day moving average price of $6.61 and a two-hundred day moving average price of $4.89.

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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