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Hertz Global (NYSE:HTZ) Trading Down 5.9% - Here's Why

Hertz Global logo with Industrials background

Hertz Global Holdings, Inc. (NYSE:HTZ - Get Free Report) fell 5.9% on Monday . The stock traded as low as $6.28 and last traded at $6.29. 2,219,061 shares were traded during trading, a decline of 75% from the average session volume of 8,802,013 shares. The stock had previously closed at $6.68.

Analysts Set New Price Targets

Separately, StockNews.com upgraded Hertz Global to a "sell" rating in a research note on Thursday.

Check Out Our Latest Research Report on Hertz Global

Hertz Global Price Performance

The firm has a fifty day simple moving average of $4.87 and a 200 day simple moving average of $4.23. The company has a market cap of $1.99 billion, a price-to-earnings ratio of -0.69 and a beta of 2.26.

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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