Hertz Global (NYSE:HTZ) Trading Down 4.6% - Time to Sell?

Hertz Global Holdings, Inc. (NYSE:HTZ - Get Free Report)'s share price fell 4.6% on Friday . The company traded as low as $7.17 and last traded at $7.21. 1,778,190 shares were traded during mid-day trading, a decline of 80% from the average session volume of 8,799,109 shares. The stock had previously closed at $7.56.

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.

Hertz Global Price Performance

The firm has a 50 day moving average price of $6.75 and a 200-day moving average price of $4.96. The firm has a market cap of $2.24 billion, a price-to-earnings ratio of -0.71 and a beta of 2.18.

About Hertz Global

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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